We started Oscar to give people the health care experience they deserve—easy, guided, and affordable. We first introduced our products four years ago in the individual market, selling health insurance directly to individuals and families and earning their trust.
Since 2014, over 100,000 consumers have chosen to become Oscar members and are engaging with our unique experience: Concierge teams that use a personal touch and data-driven alerts to help members with their care; the ability to talk to a doctor for free 24/7; a tightly integrated, complete network of high-quality hospitals and doctors; clear enrollment tools and easy to understand insurance plans; and a beautiful mobile experience that empowers members to manage their care.
But the vast majority of Americans with health insurance don't buy it on their own—they get it through their employers. We heard from many of our members who left Oscar because they found a full-time job or built their own business—many of them wanted to bring Oscar with them, but couldn't. As life changed, they wanted Oscar to be a constant.
At the same time, we saw too many Americans stuck with frustrating, complicated health insurance at their jobs, looking for something better. Oscar’s mission is to help everyone get the healthcare they deserve. We knew we needed to offer Oscar to employers to make it happen.
That's why we’re officially introducing Oscar for Business (opens in new tab)—the country's first technology-driven, consumer-focused health insurance available to small businesses. Oscar for Business brings the same guided, seamless healthcare experience that Oscar delivers to its existing members to businesses and non-profits. We're starting out in New York, available to small businesses with between 1-100 employees—and we’re looking forward to expanding to other states.
We're excited about Oscar for Business because we're introducing an easy, empowering end-to-end experience to so many more Americans—a vision we’ve had from the start. Because we were born selling directly to people, not companies, our members love the tireless, unyielding consumer focus in our DNA. This is also a glimpse into the portable, consumer-led future of health insurance: between Oscar and Oscar for Business, consumers can now choose the insurer with the best experience and take it with them as they move into or out of jobs.
