Oscar Launches New $0 Virtual Medical Care as Part of 2021 Growth Strategies – PRNewswire

30July 2020

New York City, July 30, 2020/ PRNewswire/– Oscar, the very first tech-driven health insurance company, today announced strategies to release its new$0 Virtual Medical care product and expand to a total of 19 states and 47 markets in 2021. The business will offer medical insurance to individuals and households in four new states and 19 brand-new markets during the upcoming Open Enrollment period, pending regulatory approvals.

Virtual Medical Care is the current addition to the suite of Oscar Care functions that offer a personalized experience for Oscar members. Oscar Care, which includes access to Oscar designated virtual main and urgent companies, offers our members with Person and Family Plans:

  • Virtual Primary Care: $0, limitless virtual gos to with a dedicated team of Oscar medical care companies.3 Tier 1 prescriptions, DME, labs, diagnostic imaging orders4 and preliminary professional referrals prescribed by an Oscar Medical care company are also $0.5 Oscar Primary Care also will bring some care straight to members in their houses, by using $0 vitals keeping an eye on sets and at home lab draws,6 when purchased by an Oscar Medical care provider. Virtual Urgent Care: 24/7 access to Oscar Virtual Urgent Care Providers at $0 for whenever a member needs to see a doctor quickly.7 Tier 1 prescriptions and labs are $0 when prescribed by our virtual urgent care companies, too.8 Care Teams: Dedicated Care Guides, consisting of a nurse, who know the member’s case history, help them navigate their strategy, and link them with in-network companies
  • .”With the launch of Oscar Medical care, Oscar is making more extraordinary, cost-efficient plans offered,”said Oscar Co-Founder and CEO Mario Schlosser.”Americans consistently mention

cost, quality and convenience as their biggest struggles with the healthcare system-our brand-new offering fixes for all of them.”Oscar Growth Markets 2021 will mark thefourth successive year Oscar expands its footprint to offer inexpensive care designed around members’health, spending plan, household, and neighborhood requirements. As a part of the 2021 expansion, Oscar will offer Person and Family Plans for the very first time in: Arkansas( Little Rock and Fayetteville), North Carolina (Asheville), Oklahoma(Oklahoma City ), and five markets in Iowa, consisting of Des Moines, Sioux City, and Cedar Rapids. We likewise will expand our existing state footprints to Boulder, Colorado, three markets in Northeast Pennsylvania, several markets across Florida, including Jacksonville, Sarasota, and Tallahassee, and throughout new counties in Phoenix, AZ, San Francisco, CA, and Columbus, OH. Oscar Virtual Primary Care Markets The COVID-19 pandemic is changing how Americans gain access to health care and accelerating need for virtual services. While simply 11%of U.S. consumers utilized telemedicine in 2019, 76%are interested in using virtual care following theoutbreak, according to McKinsey. Oscar will use Virtual Medical care in 10 markets in 2021: Miami, FL, Fort Lauderdale , FL,

Palm Beach, FL, Houston, TX, Dallas,

TX, Austin, TX, Los Angeles, CA, Orange County, CA, Denver, CO, and New York, NY, pending regulative approval. The specifics of Oscar’s 2021 insurance plan portfolio are still being reviewed by regulators. Information regarding pricing, network partners, and added benefits will be readily available closer to the&open registration period this fall&. In the meantime, more information can be discovered at www.hioscar.com. About Oscar is the first medical insurance business constructed to make health care simple. Headquartered in New York City, Oscar has actually been challenging the healthcare system’s status quo since our founding in 2012, developing seamless technology and supplying individualized assistance to assist our members navigate their healthcare. Oscar was the first insurance provider to provide$0, 24/7 telemedicine to members and to incorporate direct schedulingwith providers through our app. Oscar plans likewise include access to a network of first-rate physicians and healthcare facilities, aswell as an individualized CareTeam that supports members every action of the way, from discovering a medical professional to browsing

costs. Oscar is known for its user friendly digital tools, including a site and mobile app that let members view their health history, speak straight with their Care Groups and virtual providers, and gain access to their account details. All product or services are offered exclusively by or through operating subsidiariesof Mulberry Health Inc., consisting of Oscar Insurance Company and its affiliates. Say hi or find out more at https://www.hioscar.com or follow us at https://twitter.com/OscarHealth. Media Contact: Jackie Kahn, Head of Communications; [e-mail safeguarded]; 202-538-0128 1 Market numbers are based on Metropolitan Statistical Locations(MSAs); Oscar entryway into and disclosure of all specific cities and counties within each MSA are pending regulatory approvals. 2 Not available in CA. 3 Oscar Virtual Medical care service providers are used by Oscar Medical Group and are not utilized by Oscar Insurance. 4 Some prescriptions and orders are not available via virtual gos to. Other exemptionsapply

. 5 Not available in CA. Some exemptions apply. 6 Not readily available in all markets, including Los Angeles, CA or Denver, CO. 7 Available on most Oscar plans. 8 Some Tier 1 prescriptions are not available through virtual visits. Other exclusions use. SOURCE Oscar Health Related Hyperlinks https://www.hioscar.com!.?.!Source: prnewswire.com

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