Oscar Health, trading on the New York Stock Exchange under the ticker OSCR, is a technology-driven health insurance company headquartered in New York, New York. Founded in 2012 by Mario Schlosser, Joshua Kushner and Kevin Nazemi, the company was built with the goal of simplifying healthcare coverage and enhancing member experience. Oscar leverages a proprietary digital platform to streamline plan enrollment, claims administration and member support, distinguishing itself in the individual, family and small group insurance markets.
The company’s primary products include on-exchange individual and family medical plans under the Affordable Care Act, off-exchange plans, as well as Medicare Advantage offerings. Oscar Health’s platform integrates telemedicine services, 24/7 clinician access, care navigation tools and member incentives designed to encourage preventive care and healthier outcomes. Through its Oscar Care app and online member portal, subscribers can schedule virtual visits, review claims and receive personalized health reminders, underscoring the company’s emphasis on a digital-first experience.
Since beginning operations in three states for the 2014 coverage year, Oscar has expanded its footprint to serve consumers across numerous markets, including California, New York, Texas, Florida, Ohio and Tennessee, among others. The company works with a network of health systems, hospitals and physician groups to deliver coordinated care and negotiate value-based contracts that align financial incentives with patient outcomes. Oscar’s platform analytics also aim to reduce administrative waste and improve cost transparency for members.
Leadership at Oscar Health remains anchored by its co-founders, with Mario Schlosser serving as Chief Executive Officer and Joshua Kushner as President. Under their guidance, the company completed its initial public offering in 2021, channeling capital toward platform enhancements, geographic growth and product diversification. Oscar continues to pursue partnerships and innovations that blend data analytics, user-friendly design and clinical insight to address evolving needs in the U.S. health insurance landscape.
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