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Oscar Healthcare gets $375 million from Google - Alphabet
Oscar Health the startup health insurance who uses high tech and high touch to differentiate themselves from traditional health insurance companies is bringing on a huge partner. Here in Nashville, Oscar Health had partnered with Humana to offer individual and small group medical plans. They agreed to part ways for 2019 but it seems we have only seen the beginning of what Oscar can do.
Oscar plans to use the money to enter into the lucrative market for private Medicare Advantage plans for seniors. These are a type of Medicare Supplement.
As for small group health plans we can only hope they continue to expand in Tennessee to give consumers more options and hopefully at a competitive price.
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