Oscar Health plans to extend its geographic reach and launch new products next year to counter shrinking membership, CEO Mark Bertolini said Tuesday.
Enrollment fell 6.4% to 970,543 during the second quarter, largely driven by declines in its health insurance exchange and Medicare Advantage businesses, although enrollment in Cigna+Oscar small business plans grew 48.7% to 68,400, the insurtech reported Tuesday. The company reported a medical…