Oscar is a health insurance company that employs technology, design, and data to humanize health care. The Oscar team is focused on utilizing technology, design and data to humanize healthcare.
Oscar Health provides health insurance plans and related services. Its plans cover free doctor visits; free generic drugs; routine care services, including flu shots, immunizations, pregnancy screenings, and lab tests; discounted rates for specialist visits, brand-name drugs, urgent care, and other common care; and pregnancy, surgery, and recurring illness coverage.
Oscar Health was founded in Nov 1, 2012 by Mario Schlosser, Josh Kushner (younger brother of Jared Kushner) and Kevin Nazemi, who were classmates at Harvard Business School. 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 top tier investors including Alphabet, Founders Fund, Thrive Capital, General Catalyst Partners, Khosla Ventures, CapitalG, and Fidelity Investments among others.
Oscar was reported a valuation of $5B, during their "Corporate Round" funding on Aug 14, 2018, raising a massive $375M.