A challenger brand
Healthtech insurer Oscar is seeking between 8-to-30 percent rate increase for plans the company sells on the individual health insurance exchange because medical costs have risen, government programs that helped cover costs are ending, and its members needed more care than expected. Not to mention that the creation of Oscartoons may be impacting the company’s bottom line. Recall: the unicorn reported $105.2 million losses last year; $92.4 million in New York and $12.8 million in New Jersey. Bottom Line: keeping it calm and changing healthcare.