Press Release
Oscar and Capsule Partner to Increase Access to Affordable Drugs in New York
Dec 12, 2019
Capsule will be a new benefit available through all Oscar plans starting January 1, 2020.
Oscar Members will be able to choose Capsule as their pharmacy of choice. The partnership brings Oscar’s New York members a better pharmacy experience and same-day delivery for all their medication needs.New York, NY, December 12 -- New York Oscar and Capsule are excited to announce a new partnership that will bring Capsule’s effortless, same-day delivery pharmacy benefits to all Oscar members in New York. Starting on January 1, 2020, all Oscar members can choose Capsule as their primary pharmacy. Members will be able to easily opt-in for Capsule benefits through the Oscar app, transfer existing prescriptions, and receive medications same-day, for free.As much of the health care system remains inaccessible, frustrating, and confusing, Oscar and Capsule have aligned to build a more seamless experience delivering the care consumers need when and where they need it. Oscar is the most consumer-friendly health insurer in the country and continues to see high member engagement with its benefits, including free, 24/7 telemedicine (at a rate five times the industry average) and personalized Concierge Team service (which 80% of Oscar members have contacted for guidance). At the same time, Capsule’s delightful consumer experience including free and convenient same-day delivery drives 50 percent higher primary adherence to medications.“We are thrilled to be working with a partner like Capsule to give Oscar members easy, simple, and immediate access to their prescriptions,” said Mario Schlosser, CEO and co-founder of Oscar. “We know that filling, waiting, and picking up prescriptions can be one of the most painful parts of the health care experience, and we are looking forward to working with Capsule to alleviate this frustration for Oscar members.”“We are excited to bring Capsule’s beloved consumer experience to Oscar’s members to make it easier for them than ever before to get, manage, and stay on their medications,” said Eric Kinariwala, Founder and CEO of Capsule. “Our partnership is made possible by harnessing both Capsule and Oscar’s proprietary technology platforms in a way unique to the conventional healthcare system. This is healthcare – as it should be.”This new Capsule pharmacy benefit will be available through all Oscar plans in New York including individual, small group, and new Medicare Advantage plans for 2020.About Oscar
Oscar is the first health insurance company built to make health care easy. Headquartered in New York City, Oscar has been challenging the health care system’s status quo since our founding in 2012, developing seamless technology and providing personalized support to help our members navigate their health care. Oscar was the first insurer to offer free, 24/7 telemedicine to members and to integrate direct scheduling with providers through our app.Oscar plans also include access to a network of first-rate physicians and hospitals, as well as a personalized Concierge team that supports members every step of the way, from finding a doctor to navigating costs. Oscar is known for our easy-to-use digital tools, including a website and mobile app that let members view their health history, speak directly with their Concierge team, and access their account information. Say hi or learn more at https://hioscar.com or follow us at https://twitter.com/OscarHealth.About Capsule
Capsule is rebuilding the $425 billion pharmacy industry from the inside out with an emotionally resonant experience and a technology platform enabling customized outcomes for doctors, hospitals, insurers, and drug makers. Capsule has designed every aspect of pharmacy experience to give consumers and partners the peace of mind of having their health looked after. Capsule continues to grow rapidly in its first market, New York City, and plans to expand nationally in 2020.