Oscar Health: Gig Workers Drive Record Jump in ‘Obamacare' Enrollment
OSCROscar(OSCR) PYMNTS·2024-05-08 05:08

Insurance platform Oscar Health recorded its first-ever net profit amid record customer enrollment in Affordable Care Act plans. During an earnings call Tuesday (May 7), CEO Mark Bertolini said that total plan membership was up 42% during the quarter as “Obamacare” enrollment soared. “The ACA now has more than 21 million people enrolled and is the fastest growing health insurance segment, driven by the gig economy, consumerization and government policies,” Bertolini told analysts. “The market has reached a ...