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Oscar Health Announces Results for First Quarter 2024

For the quarter ended March 31, 2024:


Total Revenue of $2.1 billion, a 46% increase YoY



Medical Loss Ratio of 74.2%, a 210 bps improvement YoY



SG&A Expense Ratio of 18.4%, an 870 bps.

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Oscar Health Announces Strong Results for Fourth Quarter and Full Year 2023; Introduces Full Year 2024 Outlook Including Total Company Adjusted EBITDA Profitability

For the year ended December 31, 2023:


Direct and Assumed Policy Premiums of $6.6 billion, a 3% decrease YoY



Premiums earned of $5.7 billion, a 47% increase YoY



Medical Loss Ratio of 81.6%, a.

United-states , New-york , America , Mario-schlosser , Mark-bertolini , Joshua-kushner , Oscar-health , Insurance-company-adjusted , Small-group , Health-care , Oscar-small-group , Company-adjusted

Oscar Health Announces Strong Results for Fourth Quarter and Full Year 2023; Introduces Full Year 2024 Outlook Including Total Company Adjusted EBITDA Profitability

Oscar Health Announces Strong Results for Fourth Quarter and Full Year 2023; Introduces Full Year 2024 Outlook Including Total Company Adjusted EBITDA Profitability
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Oscar Health Announces Results for Third Quarter 2023 and Raises Full Year 2023 Adjusted EBITDA Outlook; New +Oscar Agreement

For the quarter ended September 30, 2023:


Direct and Assumed Policy Premiums of $1.6 billion, a 5% decrease YoY



Premiums earned of $1.4 billion, a 46% increase YoY



Medical Loss Ratio of.

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