Reported about 17 hours ago
Oscar Health, Inc. (NYSE:OSCR) experienced a 7.76% rise in its stock price, closing at $16.11, after lawmakers proposed a new version of Medicare that would enable voluntary enrollment for individuals and employers. This proposed measure includes a self-funded ‘Part E’ Medicare plan, which would be available alongside private insurance across all states. Additionally, Oscar Health reported a 55% increase in net income and a 42% growth in revenues compared to the previous year.
Source: YAHOO