Oscar Health Thursday reported a $137 million third quarter loss but predicts “a return to profitability” as the health insurance industry works its way through a period of rising costs and an uncertain policy environment in Washington. Oscar Health

Oscar Health Thursday reported a $137 million third quarter loss but predicts “a return to profitability” as the health insurance industry works its way through a period of rising costs and Washington gridlock.

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 2.1 million compared to the third quarter of last year, helping total revenue rise 23% to nearly $2.9 billion in the

See Full Page