Oscar Health Reports Q1 Medical Loss Ratio Of 74.2%, With Total Members 1.44M Compared To 1.02M A Year Ago
Portfolio Pulse from Benzinga Newsdesk
Oscar Health announced a Q1 medical loss ratio of 74.2%, and its total membership increased to 1.44 million from 1.02 million a year ago.

May 07, 2024 | 10:12 am
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Oscar Health reported a Q1 medical loss ratio of 74.2% and an increase in total members to 1.44 million from 1.02 million a year ago.
The reported medical loss ratio indicates efficient operational management and cost control, which is positive for profitability. The significant increase in membership suggests strong growth in its customer base, likely leading to increased revenues and potentially higher stock prices in the short term.
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