Oscar is a health insurance company that employs technology, design, and data to humanize health care.
Oscar Health focuses on the health insurance industry through telemedicine, healthcare focused technological interfaces, and transparent claims pricing systems.
Oscar Health was founded in Nov 1, 2012 by Mario Schlosser, Josh Kushner (younger brother of Jared Kushner) and Kevin Nazemi. The company is headquartered in New York, New York. Oscar also have a technology outpost in Los Angeles, an office in Dallas, and a member services operation in Tempe, Arizona.
Oscar Health provides its plans to individuals, couples, and families living in New York, New Jersey, California, and Texas. It offers its services through brokers and providers.
Oscar currently offers individual health plans in Ohio, Texas, New Jersey, Tennessee, and California. It offers small group health insurance plans in New York.
Oscar is backed by Alphabet, Founders Fund, Thrive Capital, Greenoaks Capital, General Catalyst Partners, Khosla Ventures, CapitalG, Baillie Gifford, Coatue, and Fidelity Investments among others. The company raised another $225M in a new round on June 26, 2020. This brings Oscar's total funding to $1.5B. The company was valued at $3.2B from a corporate funding in August 2018.