Oscar Health Wednesday reported a $228 million second quarter loss but sees profits returning next year as the health insurance industry navigates an influx of sicker-than-expected patients, the company said August 6, 2025. Oscar Health photo

Oscar Health Wednesday reported a $228 million second quarter loss but sees profits returning next year as the health insurance industry navigates an influx of sicker-than-expected patients.

Oscar has more than 2 million health plan members as one of the nation’s largest providers of individual coverage under the Affordable Care Act, also known as Obamacare. Oscar’s total membership was up 28% to more than 2 million compared to the second quarter of last year, helping total revenue jump 29% to nearly $2.9 billion in the second quarter.

But Oscar

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