Oscar currently sells insurance on the individual exchanges set up by the Affordable Care Act and to small businesses. It's planning to, offering private health-insurance plans to seniors, which are known as Medicare Advantage plans.
from Google's parent company Alphabet, and said it would use the funds to bring its plans to more people, including in Medicare Advantage.Oscar's plans for New York City and Houston The Medicare Advantage market is increasingly competitive. About a third of people on Medicare are enrolled in private Medicare Advantage health plans. People can typically choose to enroll in Traditional Medicare or Medicare Advantage plans when they turn 65. Either way, their health needs are largely funded by the US government.. It's a growing market that insurers like Oscar are interested in getting a piece of, alongside entrenched rivals like Humana, UnitedHealth Group, and CVS Health.
Great another obscenely expensive high deductible plan. Get out of here
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