August 24, 2016
Private health insurance company Oscar, which caught on quickly with individuals due to its tech-savvy image and simplified online offerings, has pulled out of two markets. As of this week, the firm will no longer offer individual market plans through the Affordable Care Act in Dallas-Fort Worth, Texas and in New Jersey beginning January 1, 2017.
Citing “uncertainties in those two markets” that...
July 15, 2016
As we do every quarter, MobiHealthNews has rounded up our Q2 2016 coverage into a handful of longform stories. This section is on payer-related digital health news.
CMS and other government payer-related digital health news from Q2
The Center for Medicaid Services announced a new expanded initiative for bringing value-based repayment to primary care. The Comprehensive Primary Care Plus (CPC+)...
June 15, 2016
Oscar Health’s step-tracking program isn’t just about improving member’s health, Holly Bui, Oscar's General Manager for California, said in a presentation at the MobiHealthNews 2016 event in San Francisco this week. It also improves members’ engagement with other offerings and helps keep a larger number of healthy people on the platform.
“What we found is that step tracking is a little bit...
February 23, 2016
Late last month we wrote, based on a report from Fortune, that tech saavy up-and-coming health insurer Oscar was raising at least $150 million in a round led by Fidelity. That round is now confirmed, according to Forbes, and it's for more than initially reported: a total of $400 million. The deal reportedly values Oscar at $2.7 billion, just a bit shy of the $3 billion valuation Fortune predicted...
December 9, 2014
New York-based health insurer startup Oscar Health is teaming up with Misfit Wearables to get more of its 16,000 members moving. As part of the deal, each Oscar member will get a free Misfit Flash tracker and the opportunity to earn up to $20 a month in Amazon.com credit by meeting step goals.
The partnership means Misfit gets exposure for its newest wearable on a few thousand New York wrists,...