secwatch.observer — SEC 8-K summary
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Issuer:     Oscar Health, Inc. (OSCR)
CIK:        0001568651
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0001568651-22-000036
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oscar Health Q2 2022: revenue up 88% YoY to $995M, net loss widens to $112M; reaffirms FY22 outlook
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- Membership 1,036,720 (+84% YoY); Direct & Assumed Premiums $1.7B (+101%).
- Premiums earned $995M (+88%); MLR 82.2% (down 20 bps YoY).
- Net loss $112M (vs $73M loss in Q2'21); Adj. EBITDA loss $76M (vs $51M).
- InsuranceCo Combined Ratio improved 50 bps YoY to 101.7%.
- Reaffirmed 2022 guidance: Direct Premiums $6.1-6.4B, MLR 84-86%, Adj. EBITDA loss $480-380M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1568651/000156865122000036/0001568651-22-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1568651/000156865122000036/oscr-20220811.htm
  HTML page:      https://secwatch.observer/filing/0001568651-22-000036

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer