Oscar Health can resume enrolling Affordable Care Act exchange members in Florida, executives said during the company’s Aug. 8 second-quarter earnings call. The startup initially paused open enrollment in December 2022, citing “strong…performance to date” and market exits from other carriers. Oscar is currently the second-largest exchange insurer in Florida, behind Florida Blue, with 564,569 members. The company saw $1.5 billion in revenue during the second quarter, and shrunk year-over-year losses to just $15.5 million. That’s a significant decrease from the $112.2 million it reported in the second quarter of 2022.
Source: AIS’s Directory of Health Plans