{"schema_version":"secwatch.filing_event.v1","accession":"0001568651-23-000026","form_type":"8-K","ticker":"OSCR","cik":"0001568651","company_name":"Oscar Health, Inc.","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.448840+00:00","generated_at":"2026-06-15T09:05:25.206899+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Oscar Health Q1 net loss narrows to $39.6M; adjusted EBITDA turns positive at $51.1M","bullets":["Premiums earned up 50% YoY to $1.4B; Direct & Assumed Policy Premiums $1.7B (+2% YoY).","Medical Loss Ratio improved 108 bps YoY to 76.3%; InsuranceCo Combined Ratio 94.9% (+230 bps).","Adjusted EBITDA of $51.1M vs. -$37.0M in prior year; net loss improved $37.7M YoY to -$39.6M.","FY2023 outlook reaffirmed: MLR 82-84%, Adj EBITDA loss of -$175M to -$75M.","Membership at 1.02M (down 5% YoY) but Cigna+Oscar partnership grew to 67K members."],"urls":{"canonical":"https://secwatch.observer/filing/0001568651-23-000026","json":"https://secwatch.observer/filing/0001568651-23-000026.json","markdown":"https://secwatch.observer/filing/0001568651-23-000026.md","text":"https://secwatch.observer/filing/0001568651-23-000026.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1568651/000156865123000026/0001568651-23-000026-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1568651/000156865123000026/oscr-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T09:05:25.206899+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a6fc09a2f07046eeaed51143a7fc42560ad2d0db","claim":"Oscar Health, Inc. reported the first quarter ended March 31, 2023 results: revenue Premiums earned of $1.4 billion, net income Net loss of $39.6 million. Guidance reaffirmed.","evidence_excerpt":"YoY Improvements Across all KPIs May 9, 2023 • For the quarter ended March 31, 2023: ◦ Direct and Assumed Policy Premiums of $1.7 billion, a 2% increase YoY ◦ Premiums earned of $1.4 billion, a 50% increase YoY ◦ Medical Loss Ratio of 76.3%, a 108 bps improvement YoY ◦ Net loss of $39.6 million, an improvement of $37.7 million YoY ◦ Adjusted EBITDA of $51.1 million,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1568651/000156865123000026/0001568651-23-000026-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"Premiums earned of $1.4 billion"},{"label":"Net income","value":"Net loss of $39.6 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}