Oscar Health Inc. (OSCR) recently announced impressive second-quarter results, marking the best six-month period in the company's history. The company is now focused on achieving its goal of Adjusted EBITDA profitability in 2024.
This health insurance company offers health plans in the individual and small group markets, as well as its platform product, +Oscar. Revenue is generated primarily through direct policy premiums, which are largely driven by the number of members enrolled in the health plans. As of June 2024, the company had 1.6 million members.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.