OverviewSuggest Edit

Oscar is a health insurance company that offers individual health insurance plans, both directly and through health insurance marketplaces. The plans cover doctor visits, generic drugs, routine care services, including flu shots, immunizations, pregnancy screenings, lab tests, and more. The company also provides pregnancy, surgery, or recurring illness coverage.

TypePublic
Founded2012
HQNew York, NY, US
Websitehioscar.com
Employee Ratings3.6
Overall CultureB

Locations

Oscar Health is headquartered in
New York, United States

Location Map

Latest Updates

Employees (est.) (Dec 2020)1,839
Job Openings292
Revenue (FY, 2020)$462.8 M(-5%)
Share Price (Sept 2021)$17.6(+7%)
Cybersecurity ratingBMore

Key People/Management at Oscar Health

Mario Schlosser

Mario Schlosser

CEO and co-founder
Isaac Councill

Isaac Councill

CTO
Sara Wajnberg

Sara Wajnberg

Chief Product Officer
Meghan Joyce

Meghan Joyce

Chief Operating Officer and EVP of Platform
Dennis Weaver

Dennis Weaver

Chief Clinical Officer
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Oscar Health Office Locations

Oscar Health has an office in New York
New York, NY, US (HQ)
75 Varick St 5th Fl
Show all (1)

Oscar Health Financials and Metrics

Oscar Health Revenue

Oscar Health's revenue was reported to be $462.8 m in FY, 2020 which is a 5.2% decrease from the previous period.
USD

Revenue (Q1, 2021)

369.4m

Gross profit (Q1, 2021)

101.3m

Gross profit margin (Q1, 2021), %

27.4%

Net income (Q1, 2021)

(87.4m)

EBIT (Q1, 2021)

(62.5m)

Market capitalization (9-Sept-2021)

3.6b

Closing stock price (9-Sept-2021)

17.6

Cash (31-Mar-2021)

2.3b
Oscar Health's current market capitalization is $3.6 b.
Annual
USDFY, 2019FY, 2020

Revenue

488.2m462.8m

Revenue growth, %

(5%)

General and administrative expense

110.7m166.7m

Operating expense total

747.6m865.1m
Quarterly
USDQ1, 2021

Revenue

369.4m

Cost of goods sold

268.0m

Gross profit

101.3m

Gross profit Margin, %

27%
Annual
USDFY, 2019FY, 2020

Cash

336.6m826.3m

Accounts Receivable

55.2m96.5m

Current Assets

1.2b1.9b

PP&E

33.1m35.8m
Quarterly
USDQ1, 2021

Cash

2.3b

Current Assets

3.2b

PP&E

39.0m

Total Assets

3.6b
Annual
USDFY, 2019FY, 2020

Net Income

(261.2m)(406.8m)

Depreciation and Amortization

6.9m11.3m

Accounts Payable

395.3m559.7m

Cash From Operating Activities

(165.4m)222.7m
Quarterly
USDQ1, 2021

Net Income

(87.4m)

Depreciation and Amortization

3.4m

Accounts Payable

(13.2m)

Cash From Operating Activities

317.7m
USDFY, 2019

Financial Leverage

-1.4 x
Show all financial metrics

Oscar Health Operating Metrics

Oscar Health's Customers was reported to be 100 k in FY, 2017.
FY, 2017FY, 2019Jan, 2020Jun, 2020FY, 2020Jan, 2021

Members

229.82 k400 k420 k402.04 k529 k

Gross Premiums Written

$1.33 b$2.29 b

Customers

100 k
Show all operating metrics

Oscar Health Acquisitions / Subsidiaries

Company NameDateDeal Size
Mulberry Insurance Agency
Mulberry Management Corporation
Mulberry Ohio Management Corporation
Oscar Buckeye State Insurance Corporation
Oscar Garden State Insurance Corporation
Oscar Golden State Managed Care (HMO)
Oscar Health Plan, Inc.
Oscar Health Plan of California
Oscar Health Plan of Georgia
Oscar Health Plan of New York, Inc.
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Oscar Health Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Oscar Health Online and Social Media Presence

Embed Graph

Oscar Health Company Culture

  • Overall Culture

    B

    70/100

  • CEO Rating

    A+

    87/100

  • Compensation

    C+

    69/100

  • Diversity

    C+

    68/100

Learn more on Comparably

Oscar Health Frequently Asked Questions

  • When was Oscar Health founded?

    Oscar Health was founded in 2012.

  • Who are Oscar Health key executives?

    Oscar Health's key executives are Mario Schlosser, Isaac Councill and Sara Wajnberg.

  • How many employees does Oscar Health have?

    Oscar Health has 1,839 employees.

  • What is Oscar Health revenue?

    Latest Oscar Health annual revenue is $462.8 m.

  • What is Oscar Health revenue per employee?

    Latest Oscar Health revenue per employee is $251.7 k.

  • Who are Oscar Health competitors?

    Competitors of Oscar Health include Bright Health, Anthem and UnitedHealth Group.

  • Where is Oscar Health headquarters?

    Oscar Health headquarters is located at 75 Varick St 5th Fl, New York.

  • Where are Oscar Health offices?

    Oscar Health has an office in New York.

  • How many offices does Oscar Health have?

    Oscar Health has 1 office.