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Employee Benefits

Oscar Health posts $177M profit in Q1, first since inception

May 08, 2024 Reprints

Oscar Health reported a Q1 profit of $177 million, marking its first profit since its establishment over a decade ago, Forbes reports. The company, which provides individual coverage under the Affordable Care Act, has seen a significant improvement in its financial performance following a shake-up in its management and the hiring of former Aetna CEO Mark Bertolini.

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Oscar Health posts $177M profit in Q1, first since inception

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