Company
Oscar Health
A publicly listed U.S. insurtech company that offers health insurance products to individuals and small businesses. The company has faced profitability pressures due to elevated medical loss ratios.
Timeline (last 90 days)
Oct 13
Pluto Security has more than 30 enterprise customers, including Oscar Health, Workato, Sixt, and AlphaSense, and currently has 40 employees across the United States and Israel.
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Sep 18
Insurtech companies such as Clover Health, Oscar Health, and Bright Health all experienced severe profitability pressures after going public.
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Sep 18
Oscar Health's medical loss ratio (MLR) once exceeded 100%, meaning claims expenditures surpassed premium revenue.
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