Oscar Health, Inc. published its annual report on Form 10-K for the fiscal year ended December 31, 2024. The company reported achieving profitability in 2024 on both a consolidated Adjusted EBITDA and net income basis and highlighted continued growth in effectuated membership. Oscar said it continues to focus on its individual market health plans offered through Affordable Care Act marketplaces and off-exchange channels, including through employers using Individual Coverage Health Reimbursement Arrangements. The company also provided updates on its technology business, stating that its +Oscar platform serves client lives through its Campaign Builder offering, and noted it exited Medicare Advantage prior to the 2024 plan year and ended small group offerings and did not renew the Oscar+Cigna small group arrangement after its term ended in 2024. The full report can be accessed through the link below.

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