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Thursday, January 27, 2022

Oscar Health Guidance for 2022 of More Than $6B in Premiums

 

  • Total enrollment for 2022 tops one million members across the Oscar platform

  • Provides 2022 guidance, which includes premiums of $6.1 to $6.4 billion, representing more than 80% year-over-year ("YoY") growth at the midpoint

  • Announces $305M capital raise, led by Dragoneer Investment Group, to strengthen the balance sheet and fund growth

  • Reports preliminary FY21 results, with all key metrics meeting or beating expectations

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