Oscar Health Sees Full-Year Loss as Obamacare Troubles Spread
From the Center
AllSides Media Bias Rating: Center
Oscar Health Inc. slashed its outlook and reported preliminary results below Wall Street estimates, the latest health insurer to be rocked by trouble in Affordable Care Act marketplaces.
Oscar now expects an operating loss of $250 million at the midpoint in 2025, it said in a statement Tuesday, while it had previously expected operating income of the same amount at the midpoint.
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