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Oscar Health, the last remaining start-up from the 24 that began selling insurance when the Affordable Care Act market opened, has seen a 49% year-over-year revenue increase and a 56% cut in losses, Becker’s Payer Issues reports. The company, which primarily focuses on the ACA market, had 967,000 individual marketplace members at the end of 2023, up from 598,169 in 2021.
1. Hackers leak stolen data from Change Healthcare on dark web
2. UnitedHealth estimates $1.6 billion loss from Change cyberattack
3. UnitedHealth reports significant data breach; personal health info compromised
4. Ex-NBA player Will Bynum sentenced in insurance fraud scandal
5. Illinois House passes governor’s 'Healthcare Protection Act’
6. Analyst says Cigna, Humana share prices could put merger back on the table