A sign on the window of the wellness studio at the Oscar Center in the Brooklyn borough of New York,U.S., on Dec. 7, 2016. Oscar and Cigna are rolling out health plans for small businesses in 2020. Photographer: Kholood Eid/BloombergHealth insurer Cigna and Oscar Health will launch commercial health insurance plans for small businesses in several U.S. markets.
In the partnership with Cigna, the two companies plan to “share risk equally under a reinsurance agreement” to sell fully insured plans to the small group market under the “Cigna + Oscar brand.” Once cleared by regulators, the companies said they will “launch in select markets in 2020 and plan to expand the partnership over time.”
“Small businesses are the backbone of the American economy and through this partnership, we can take a disciplined approach to offering differentiated health care solutions that help small businesses save money, expand network and product choice and keep employees healthy,” Cigna vice president of product solutions Julie McCarter said.
“Together, we are giving small business owners an affordable, simple-to-use option that makes it easier for their employees to get appropriate care quickly and stay healthy,” Oscar’s chief policy and strategy officer, Joel Klein said. “Cigna + Oscar will give these business owners and their employees consumer-centric health care coverage and physician networks that provide personalized care.”
OscarHealth Oscar is a greedy, predatory fintech company owned by the Kushners. They alienate everyone they do business with and are losing customers and employees. They ripped me off $20,000. I'm not the only one. oscardeath
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