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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