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Employee Benefits

Oscar Health seeks $1 billion in IPO

February 24, 2021 Reprints

Oscar Health Inc. is looking to raise $1.05 billion in an initial public offering, PYMNTS.com reports. According to a regulatory filing with the U.S. Security and Exchange Commission, the company has 529,000 members, but hasn’t seen profits yet, and also reported a net loss of $406.8 million in 2020.

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Oscar Health seeks $1 billion in IPO

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