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Oscar was founded in 2012 by three young Harvard Business School graduates with backgrounds in the tech industry - Schlosser, Josh Kushner and Kevin
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“I haven’t seen anything from an insurer that combines them into one consumer-friendly tool,” said Larry Levitt, senior vice president at the nonprofit Kaiser Family Foundation. Insurers, including Anthem and Kaiser, offer similar online services, but experts said Oscar’s are more seamless and comprehensive.
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Other features include a free fitness tracker that enables members to earn Amazon gift cards for hitting daily exercise goals. “Pull up the Oscar mobile app, push a button and a doctor will call you in 10 minutes - no co-pay, no cost,” is how Chief Executive Mario Schlosser puts it. Oscar’s app or website will also point out which appointment option has proved the most effective, which in the case of asthma is the plan’s unlimited free telephone consultations with a doctor who can prescribe medicine on the call. A consumer could expect to shell out a total of $200 in co-pays and typical prescriptions or tests for a visit to a specialist.Ĭhoosing a specific doctor lets you know how often that physician treats patients of your age and gender, as well as the estimated costs you would incur. "Oscar 2021 Plan Brochure." Accessed March 10, 2021.Another click and appointment options - a free doctor’s call or a visit to a primary care physician or specialist - are splashed on the screen with estimated costs. Better Business Bureau." Accessed March 10, 2021. " Oscar 2021 National Footprint." Accessed March 10, 2021.īetter Business Bureau.
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" Our approach to customer service is different." Accessed March 9, 2021.
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" Oscar Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering." Accessed March 9, 2021. "Oscar Health Now Has 400,000 and Expects to Bring in $2 Billion by the End of 2020." Accessed on Jan. " Josh Kushner-Backed Oscar Health Files Confidentially for IPO." Accessed on Jan. " About Us." Accessed March 9, 2021.īloomberg Quint. " Oscar closes 2020 with $140 million new funding round, led by Tiger Global Management." " Oscar announces $225 million in new funding to drive growth and expand access to affordable health care." Accessed March 9, 2021.
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" How do I get set up with my new Oscar plan?" Accessed March 9, 2021. Small Businesses." Accessed March 9, 2021. Within 15 minutes, patients can talk to a board-certified doctor and get advice. Oscar wants customers to feel like they have a doctor in the family, giving them access to free advice 24 hours a day via the Oscar mobile app or by phone.
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