Oscar Health is a healthcare technology company founded in 2012 that combines health insurance with technology-powered services. Headquartered in New York City, it operates across 18 U.S. states and serves approximately 1.7 million members through individual and family plans, small group products, and Medicare Advantage offerings. The company went public on the NYSE in 2021.
The company's approach centres on a full-stack technology platform that integrates insurance with care delivery. Its service offerings include virtual urgent care (achieving 97% member satisfaction), dedicated care teams for care coordination, 24/7 provider access, a care-routing tool (utilised by 76% of members), and a $3 prescription programme. These services reflect a strategy focused on reducing friction in healthcare access and navigation.
Oscar Health operates with a Net Promoter Score of 66, with 68% of members trusting the company to advise on care decisions. The company positions itself as the first health insurance firm built on a full-stack technology foundation, seeking to combine the role of insurer and healthcare advisor in a single platform.
