---
schema_version: "secwatch.filing_event.v1"
accession: "0001568651-22-000019"
form_type: "8-K"
ticker: "OSCR"
cik: "0001568651"
company_name: "Oscar Health, Inc."
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T21:40:21.413052+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Oscar Health Q1 membership up 98% to 1.07M; net loss narrows to $77M

## Summary
- Direct and Assumed Policy Premiums $1.68B (+104% YoY); Premiums earned $955M (+159% YoY).
- Medical Loss Ratio 77.4% (up 300 bps YoY); InsuranceCo Combined Ratio 97.2% (up 300 bps).
- Net loss of $77M improved $12M YoY; Adjusted EBITDA loss $37M worsened $9M YoY.
- Adjusted Administrative Expense Ratio improved 220 bps to 23.8% on operating leverage.
- Reaffirmed FY2022 outlook: DAPP $6.1-6.4B, MLR 84-86%, Adj. EBITDA loss $380-480M.

## SEC filing metadata
- accession: 0001568651-22-000019
- form_type: 8-K
- ticker: OSCR
- cik: 0001568651
- company_name: Oscar Health, Inc.
- filed_at: 2022-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1568651/000156865122000019/0001568651-22-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1568651/000156865122000019/oscr-20220510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001568651-22-000019
- JSON: https://secwatch.observer/filing/0001568651-22-000019.json
- Plain text: https://secwatch.observer/filing/0001568651-22-000019.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.