Oscar Health, Inc.

Oscar is a healthcare technology company that offers health plans and technology services. The company provides health plans through the Affordable Care Act (ACA) to individuals, families, and employees. As of December 31, 2025, Oscar served approximately 2.0 million effectuated members, defined as those actively enrolled and having paid their premium or being within the grace period. Beyond its insurance business, Oscar's technology platform also supports providers and payors through +Oscar. This includes Campaign Builder, an engagement and recommendation platform that uses data and AI to identify engagement opportunities and deliver personalized interactions to improve care, with real-time reporting and analytics. In 2025, Oscar acquired early-stage businesses to support Individual Coverage Health Reimbursement Arrangements (ICHRA) and diversify the company. These acquisitions include Lucie, Inc. (formerly INSXCloud, Inc.), a direct enrollment technology platform; IHC Specialty Benefits, Inc., an individual market brokerage; and Healthinsurance.org, LLC, a consumer education website. Oscar's offerings include its insurance business, the +Oscar platform, brokerage services, and an enrollment platform. Oscar's health plans are offered in the individual market, primarily through Health Insurance Marketplaces established by the ACA and operated by the federal government or individual states.