Oscar Health Inc. reported its financial results for the full year ended December 31, 2025. Premium revenue increased by 28% to USD 11.36 billion, primarily driven by higher membership following above market growth during the 2025 Open Enrollment period. The company reported a net loss attributable to shareholders of USD 443.15 million for the period. Medical Loss Ratio $(MLR)$ stood at 87.4%, while the Selling, General, and Administrative (SG&A) expense ratio was 17.5%. As of December 31, 2025, Oscar Health Inc. had approximately 2.0 million effectuated members. During 2025, Oscar Health Inc. expanded its business by acquiring early-stage companies, including Lucie, Inc., a direct enrollment technology platform; IHC Specialty Benefits, Inc., an individual market brokerage; and Healthinsurance.org, LLC, a consumer education website. These acquisitions were aimed at supporting the company’s capabilities in Individual Coverage Health Reimbursement Arrangements (ICHRA) and diversifying its offerings. Oscar Health Inc. continues to focus on leveraging its technology platform and member experience, serving individuals, families, and employees through ACA plans and health technology solutions via its +Oscar platform.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oscar Health Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001568651-26-000011), on February 13, 2026, and is solely responsible for the information contained therein.