{"id":789851,"date":"2023-10-12T07:02:13","date_gmt":"2023-10-12T11:02:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/oscar-health-inc-announces-2024-market-expansion-plans-offering-affordable-accessible-and-technology-enabled-care-for-the-eleventh-consecutive-year\/"},"modified":"2023-10-12T07:02:13","modified_gmt":"2023-10-12T11:02:13","slug":"oscar-health-inc-announces-2024-market-expansion-plans-offering-affordable-accessible-and-technology-enabled-care-for-the-eleventh-consecutive-year","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/oscar-health-inc-announces-2024-market-expansion-plans-offering-affordable-accessible-and-technology-enabled-care-for-the-eleventh-consecutive-year\/","title":{"rendered":"Oscar Health, Inc. Announces 2024 Market Expansion Plans, Offering Affordable, Accessible, and Technology-Enabled Care for the Eleventh Consecutive Year"},"content":{"rendered":"<p>        <!--.bwlistdisc { list-style-type: disc }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Oscar Health, Inc. Announces 2024 Market Expansion Plans, Offering Affordable, Accessible, and Technology-Enabled Care for the Eleventh Consecutive Year<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\n\u00a0<i>Major expansion in 165 new markets in 13 states through its Individual &amp; Family Plans<\/i><\/li>\n<li><i>Personalized plans for Chronic Obstructive Pulmonary Disease (COPD), asthma, and diabetes members<\/i><\/li>\n<li><i>Enhanced immersive Spanish-first programs<\/i><\/li>\n<\/ul>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nOscar Health, Inc. (\u201cOscar\u201d) (NYSE: OSCR), a leading healthcare technology<b \/>company, today announced its 2024 market expansion efforts for its Individual and Family Plans, marking Oscar\u2019s eleventh consecutive year as a prominent carrier in the ACA marketplace. Oscar will offer its innovative, member-centric plans in 165 new counties, making high-quality and affordable healthcare a reality for more consumers.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20231012101212\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20231012101212\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20231012101212\/en\/1913597\/4\/Oscar_IFP_National_Footprint.jpg\" alt=\"(Graphic: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">(Graphic: Business Wire)<\/p>\n<\/div>\n<p>\nStarting in 2024, Oscar will have a footprint in 18 states and 512 counties and expand its presence in Arizona, Florida, Georgia, Illinois, Iowa, Kansas, Missouri, North Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia. The expansion will improve access to care in underserved and rural markets through Oscar\u2019s consumer-focused technology platform.<\/p>\n<p>\n\u201cOscar\u2019s north star has and always will be about making great care cost less,\u201d said Mark Bertolini, CEO of Oscar. \u201cWe continue to meet members where they are \u2013 using our technology horsepower to rapidly respond and adapt to their needs, break one-size-fits-all approaches, and place power back in their hands.\u201d<\/p>\n<p>\nOscar is introducing new ways of serving its fast-growing and diverse member population. Offerings include tailored plan designs with high-frequency care routing and engagement for members who suffer from chronic illness, as well as enhancements to its program for Spanish-speaking members.<\/p>\n<p><b><span class=\"bwuline\">New <i>Breathe Easy <\/i>Plan<\/span><\/b><\/p>\n<p>\nOscar is launching <i>Breathe Easy, <\/i>a plan that addresses the needs of individuals with COPD and asthma, two leading respiratory diseases in America. Members who enroll in <i>Breathe Easy<\/i> will enjoy the following $0 benefits: pulmonologist and PCP visits, pulmonary rehabilitation, oxygen services, Tier 1 preferred generics, nicotine replacement, and behavioral health services.<sup>1<\/sup> Members can also access financial incentives for health checkups.<\/p>\n<p><b><span class=\"bwuline\">Enhanced <i>Diabetes Care <\/i>Plan<\/span><\/b><\/p>\n<p>\nOscar will continue to offer diabetic members low cost-sharing, high-impact clinical services, and unlimited testing supplies through its <i>Diabetes Care <\/i>plan. Benefits include: $0 PCP visits, diabetic foot and retinal eye exams, labs, wellness programs and health coaching.<sup>2<\/sup> Members enrolled in this plan have seen notable results: 9% better adherence to diabetes medications, 16% higher rates of eye exam screenings, and 12% higher rates of kidney disease screenings.<sup>3<\/sup><\/p>\n<p><b><span class=\"bwuline\">Immersive <i>HolaOscar<\/i> Program<\/span><\/b><\/p>\n<p>\nOscar continues to expand its Hispanic and Latino member base, more than one-third of its total membership, through its Spanish-first program, <i>HolaOscar<\/i>. The program delivers socially and linguistically authentic experiences with cultural care matching and providers who speak the language. It also includes access to Oscar\u2019s <i>Diabetes Care <\/i>and<i> Breathe Easy<\/i> plans in select states. The program, built by Spanish-speaking teams, has driven a net promoter score of 72, roughly 184% higher than the industry average.<\/p>\n<p>\n\u201cWe are making the individual market the market for everyone,\u201d said Alessa Quane, Executive Vice President, Chief Insurance Officer of Oscar. \u201cOur expansion brings Oscar\u2019s magic to the most vulnerable and overlooked populations \u2013 addressing chronic illness and the diverse needs of our communities. We won&#8217;t stop until all individuals have access to the high-touch seamless care they deserve.\u201d<\/p>\n<p>\nTo learn more about Oscar\u2019s Individual and Family plans, please visit: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.hioscar.com&amp;esheet=53598050&amp;newsitemid=20231012101212&amp;lan=en-US&amp;anchor=www.hioscar.com&amp;index=1&amp;md5=00a06e04f95bab1c982df4519f8fd9b7\">www.hioscar.com<\/a>.<\/p>\n<p><b>About Oscar Health<\/b><\/p>\n<p>\nOscar Health, Inc. (\u201cOscar\u201d) is the first healthcare company built around a full stack technology platform and a relentless focus on serving its members. At Oscar, our mission is to make a healthier life accessible and affordable for all. Headquartered in New York City, Oscar has been challenging the health care system&#8217;s status quo since our founding in 2012. The company\u2019s member-first philosophy and innovative approach to care has earned us the trust of nearly one million members, as of June 30, 2023. We offer Individual &amp; Family, Small Group and Medicare Advantage plans, and +Oscar, our full stack technology platform, to others within the provider and payor space. Our vision is to refactor health care to make good care cost less. Refactor is a term used in software engineering that means to improve the design, structure, and implementation of the software, while preserving its functionality. At Oscar, we take this definition a step further. We improve our members\u2019 experience by building trust through deep engagement, personalized guidance, and rapid iteration.<\/p>\n<p><b>Cautionary Note Regarding Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained herein are forward-looking statements. These statements include, but are not limited to, statements about our business prospects, and our management\u2019s plans and objectives for future operations, expectations and business strategy. In some cases, you can identify forward-looking statements by terms such as \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cexpects,\u201d \u201cplans,\u201d \u201canticipates,\u201d \u201ccould,\u201d \u201cintends,\u201d \u201ctargets,\u201d \u201cprojects,\u201d \u201ccontemplates,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201cpredicts,\u201d \u201cpotential,\u201d or \u201ccontinue\u201d or the negative of these terms or other similar expressions. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions, and uncertainties that are difficult to predict and generally beyond our control. Although management believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, there are or will be important factors that could cause our actual results to differ materially from those indicated in these forward-looking statements, including, but not limited to, the factors set forth under the caption \u201cRisk Factors\u201d in our Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2023, filed with the Securities and Exchange Commission (\u201cSEC\u201d), and our other filings with the SEC. You are cautioned not to place undue reliance on any forward-looking statements made in this press release. Any forward-looking statement speaks only as of the date as of which it is made, and, except as otherwise required by law, we do not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. New factors emerge from time to time, and it is not possible for us to predict which will arise.<\/p>\n<p><sup>1<\/sup>Plans are available to all eligible persons in AZ, TN and OK, regardless of disease status. If you don\u2019t have asthma or COPD, these plans may offer you certain reduced costs, but you would not be eligible for all Rewards and Incentives program offerings that may offer additional savings.<\/p>\n<p><sup>2<\/sup>Plans are available to all eligible persons, regardless of disease status. If you don\u2019t have type 1 or type 2 diabetes, or you have pre- diabetes or gestational diabetes, these plans may offer you certain reduced costs, but you would not be eligible for all Rewards and Incentives program offerings that may offer additional savings. Coverage for benefits is limited per clinical guidelines. These plans are not available in AZ, FL, NJ, NY, OK, PA,TX, VA.<\/p>\n<p><sup>3<\/sup>Data from plan year 2022, comparing diabetic members in Oscar\u2019s Diabetes Care plan to diabetic members not enrolled in Oscar\u2019s Diabetes Care plan.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20231012101212r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20231012101212\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20231012101212\/en\/<\/a><\/span><\/p>\n<p><b>MEDIA RELATIONS:<br \/>\n<br \/><\/b>Kristen Prestano<br \/>\n<br \/>516-317-1486<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:press@hioscar.com\">press@hioscar.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Health Consumer Diabetes Health Technology Health Insurance Hispanic<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20231012101212\/en\/1045973\/3\/Oscar_Logo_Blue.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20231012101212\/en\/1913597\/3\/Oscar_IFP_National_Footprint.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">(Graphic: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Oscar Health, Inc. Announces 2024 Market Expansion Plans, Offering Affordable, Accessible, and Technology-Enabled Care for the Eleventh Consecutive Year \u00a0Major expansion in 165 new markets in 13 states through its Individual &amp; Family Plans Personalized plans for Chronic Obstructive Pulmonary Disease (COPD), asthma, and diabetes members Enhanced immersive Spanish-first programs NEW YORK&#8211;(BUSINESS WIRE)&#8211; Oscar Health, Inc. (\u201cOscar\u201d) (NYSE: OSCR), a leading healthcare technologycompany, today announced its 2024 market expansion efforts for its Individual and Family Plans, marking Oscar\u2019s eleventh consecutive year as a prominent carrier in the ACA marketplace. Oscar will offer its innovative, member-centric plans in 165 new counties, making high-quality and affordable healthcare a reality for more consumers. This press release features multimedia. View the full release here: &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/oscar-health-inc-announces-2024-market-expansion-plans-offering-affordable-accessible-and-technology-enabled-care-for-the-eleventh-consecutive-year\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Oscar Health, Inc. Announces 2024 Market Expansion Plans, Offering Affordable, Accessible, and Technology-Enabled Care for the Eleventh Consecutive Year&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-789851","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Oscar Health, Inc. Announces 2024 Market Expansion Plans, Offering Affordable, Accessible, and Technology-Enabled Care for the Eleventh Consecutive Year - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/oscar-health-inc-announces-2024-market-expansion-plans-offering-affordable-accessible-and-technology-enabled-care-for-the-eleventh-consecutive-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oscar Health, Inc. Announces 2024 Market Expansion Plans, Offering Affordable, Accessible, and Technology-Enabled Care for the Eleventh Consecutive Year - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Oscar Health, Inc. Announces 2024 Market Expansion Plans, Offering Affordable, Accessible, and Technology-Enabled Care for the Eleventh Consecutive Year \u00a0Major expansion in 165 new markets in 13 states through its Individual &amp; Family Plans Personalized plans for Chronic Obstructive Pulmonary Disease (COPD), asthma, and diabetes members Enhanced immersive Spanish-first programs NEW YORK&#8211;(BUSINESS WIRE)&#8211; Oscar Health, Inc. (\u201cOscar\u201d) (NYSE: OSCR), a leading healthcare technologycompany, today announced its 2024 market expansion efforts for its Individual and Family Plans, marking Oscar\u2019s eleventh consecutive year as a prominent carrier in the ACA marketplace. Oscar will offer its innovative, member-centric plans in 165 new counties, making high-quality and affordable healthcare a reality for more consumers. This press release features multimedia. View the full release here: &hellip; Continue reading &quot;Oscar Health, Inc. 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Announces 2024 Market Expansion Plans, Offering Affordable, Accessible, and Technology-Enabled Care for the Eleventh Consecutive Year - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/oscar-health-inc-announces-2024-market-expansion-plans-offering-affordable-accessible-and-technology-enabled-care-for-the-eleventh-consecutive-year\/","og_locale":"en_US","og_type":"article","og_title":"Oscar Health, Inc. Announces 2024 Market Expansion Plans, Offering Affordable, Accessible, and Technology-Enabled Care for the Eleventh Consecutive Year - Market Newsdesk","og_description":"Oscar Health, Inc. Announces 2024 Market Expansion Plans, Offering Affordable, Accessible, and Technology-Enabled Care for the Eleventh Consecutive Year \u00a0Major expansion in 165 new markets in 13 states through its Individual &amp; Family Plans Personalized plans for Chronic Obstructive Pulmonary Disease (COPD), asthma, and diabetes members Enhanced immersive Spanish-first programs NEW YORK&#8211;(BUSINESS WIRE)&#8211; Oscar Health, Inc. (\u201cOscar\u201d) (NYSE: OSCR), a leading healthcare technologycompany, today announced its 2024 market expansion efforts for its Individual and Family Plans, marking Oscar\u2019s eleventh consecutive year as a prominent carrier in the ACA marketplace. Oscar will offer its innovative, member-centric plans in 165 new counties, making high-quality and affordable healthcare a reality for more consumers. This press release features multimedia. View the full release here: &hellip; Continue reading \"Oscar Health, Inc. Announces 2024 Market Expansion Plans, Offering Affordable, Accessible, and Technology-Enabled Care for the Eleventh Consecutive Year\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/oscar-health-inc-announces-2024-market-expansion-plans-offering-affordable-accessible-and-technology-enabled-care-for-the-eleventh-consecutive-year\/","og_site_name":"Market Newsdesk","article_published_time":"2023-10-12T11:02:13+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20231012101212\/en\/1913597\/4\/Oscar_IFP_National_Footprint.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/oscar-health-inc-announces-2024-market-expansion-plans-offering-affordable-accessible-and-technology-enabled-care-for-the-eleventh-consecutive-year\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/oscar-health-inc-announces-2024-market-expansion-plans-offering-affordable-accessible-and-technology-enabled-care-for-the-eleventh-consecutive-year\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Oscar Health, Inc. 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