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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 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.
In 1752, Benjamin Franklin founded the first American insurance company as Philadelphia Contributionship.In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail.
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Josh Kushner, an Oscar Health co-founder, is the brother of Jared Kushner, former President Donald Trump's son-in-law. Jared Kushner also has a stake in Oscar. Oscar stakeholder Jared Kushner in ...
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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Kushner is a co-founder and vice-chairman of Oscar Health, a health insurance start-up. [30] Founded in 2012, Oscar was valued at $2.7 billion in 2016. [31] Oscar went public in 2021, with Kushner's Thrive Capital owning a stake worth $1.21 billion. [32] [33] Oscar reported an $87 million loss in its first quarter as a publicly traded company. [34]
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