$3.2 billion startup Oscar Health is plotting its expansion insurance into new states as it moves into a competitive new market

📆 2019/03/27 5:03:00
📰 BusinessInsider

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Oscar Health is looking to expand its geographic reach as it simultaneously works to enter a competitive new health plan market caring for elderly Americans in 2020.

Oscar Health is looking to enter new states in the coming years, including Georgia and Illinois, according to filings reviewed by Business Insider.

A spokeswoman for Oscar said in a statement that the moves was in preparation of operating in new markets, but didn't necessarily mean the states would be included in the company's 2020 footprint.According to a regulatory filing reviewed by Business Insider, the health insurance startup has registered as an insurer in Georgia. The company has also incorporated in Illinois, a sign that it's planning to move into markets the two states.

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