Company seeks physician to lead planned Oscar Health CenterExpanding firm aims to control costs by narrowing its network. We see increasingly that vertical integration can cut cost with 30-40% and enhance the customer experience in P&C insurance, how this works in health to be seen given the different specialisations required and as such impossible to do it all inhouse
Startup Oscar Insurance Corp. wants to be more than just a health insurer. The company is laying the groundwork to start a health center in New York where its members can see primary-care doctors, according to a job listing on Oscar’s website. The insurer is seeking a doctor to lead the project, with the job beginning in September. Running a clinic would be Oscar’s latest effort to adjust its strategy as it confronts massive losses on sales of Obamacare policies. The company already has been narrowing its network of doctors and hospitals in New York, and the clinic could give it more control over the care its members receive.