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Oscar Health CEO Mark Bertolini in a recent interview said he believes anger at the health care system is “justified” in the wake of the fatal shooting of UnitedHealthcare (UHC) CEO Brian ...
Oscar Health, Inc. is an American health insurance company, founded in 2012 by Joshua Kushner, Kevin Nazemi and Mario Schlosser, and is headquartered in New York City. [2] [3] The company focuses on the health insurance industry through telemedicine, healthcare focused technological interfaces, and transparent claims pricing systems which would make it easier for patients to navigate.
Mark Bertolini, chief executive officer of Oscar Health and previous CEO of Aetna [1] Gail Koziara Boudreaux, chief executive officer and president of Elevance Health [2] Thomas B. Considine, chief executive officer of the National Conference of Insurance Legislators and former chief operating officer of MagnaCare [3]
Oscar Health is facing ongoing uncertainty in light of the upcoming presidential election, but it is also diversifying to stay on track for what could be its first profitable year.
Mark T. Bertolini (born 1956) is an American businessman who is currently the CEO of Oscar Health, a tech-driven health insurance company located in New York.He was the co-CEO of Bridgewater Associates, one of the world's largest hedge funds, and was previously the CEO of Aetna, a Fortune 50 diversified health care benefits company with over $60 billion in 2015 revenue.
Oscar reported its loss decreased by $417 million year over year and signaled expectations to be profitable for the first time this year. Revenues from premiums increased 47% to $5.7 billion for 2023.
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As of 2017, there were 907 health insurance companies in the United States, [28] although the top 10 account for about 53% of revenue and the top 100 account for 95% of revenue. [29]: 70 Smaller regional or startup plans are offered by Oscar Health, Moda Health, and Premera.