Oscar Health: Value Stock Amid Healthcare Downturn
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Oscar Health, OSCR, is a tech-driven insurer thriving in the individual market under the Affordable Care Act, despite the sectors downturn. Despite climbing medical costs and fading subsidies, Oscars enrollment surged to 3.4 million, up from 2 million last year. The company projects $250 million to $450 million in operating income on $18.7 billion to $19 billion in revenue, making it a potential value play for long-term investors.
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