Aug
15
Obamacare Startup Oscar Posts $57.6 Million First-Half Loss
ByOscar Insurance Corp., the health-insurance startup focused on selling Obamacare plans, posted a smaller first-half loss than a year earlier, according to state regulatory filings.
Oscar, whose co-founders include Joshua Kushner and Mario Schlosser, lost $57.6 million in the first half of the year in Texas, New York and California. That’s down from $83 million a year earlier. In Texas and California, the company brought in more in premiums than it spent on care, though in New York its health costs still exceeded premiums…
Obamacare Startup Oscar Posts $57.6 Million First-Half Loss
