Oscar HealthNYSE: OSCR

Oscar Health reportedly aims to expand its presence in the employer market by providing more affordable health plans for small- and medium-sized businesses (SMBs). Using its position in the Affordable Care Act market, Oscar Health aims to compete with larger insurers and increase transparency on pharmacy benefits, CNBC reported Friday (June 7).

Oscar Health CEO Mark Bertolini outlined the health insurers three-year plan to become a bigger player in the employer market ahead of the company's investor day. Bertolini says Oscar can leverage its position in the ACA market to compete with larger insurers to provide more affordable health plans for small- and mid-sized companies.

Oscar Health is doubling its “market footprint” over the next three years to grow its business selling individual health insurance known as Obamacare under the Affordable Care Act as well as a new form of coverage for workers and employers.

Oscar Health (OSCR) is currently trading at its highest level in the past year, but investors are wondering if there is potential for further growth ahead. Let's examine the company's underlying factors for insights.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Oscar Health, Inc. (OSCR) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Oscar Health, Inc. (OSCR) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Oscar Health, Inc. (OSCR) Q4 2023 Earnings Call Transcript

Oscar Health offers an innovative healthcare insurance platform using AI and big data to match plans to individual situations, producing high patient satisfaction. Membership growth has stalled due to portfolio sculpting efforts but is likely to resume. The company plans to expand in existing markets and introduce new programs, leveraging its existing network of providers.

Oscar Health, Inc. (OSCR) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.