Oscar Health Inc. (OSCR) Tops Q4 EPS by 12c

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Oscar Health Announces Results for Fourth Quarter and Full Year 2021

February 10, 2022 4:05 PM EST

Membership as of December 31, 2021 of 598,169, a 49% increase YoY For the year ended December 31, 2021: Direct and assumed premiums of $3,437 million, a 50% increase YoY Premiums earned of $1,831 million, a 302% increase YoY Net loss of $571 million, an increase of $165 million YoY; Adjusted EBITDA loss of $430 million, an increase of $27 million YoY Reaffirming 2022 outlook, including direct and assumed policy premiums of $6.1 - $6.4 billion, which would represent a more than 80% YoY increase, at the midpoint

NEW YORK--(BUSINESS WIRE)-- Health insurtech company Oscar Health, Inc. (NYSE:... More