Startup Oscar Posts $105 Million Obamacare Loss in 2015By
Oscar faced high medical costs in New York, its largest market
Insurers are struggling in new markets created under Obamacare
Startup Oscar Health Insurance Corp. lost $105.2 million in its New York and New Jersey businesses last year, a sign that insurers of all sizes are struggling in the new markets created by President Barack Obama’s health-care overhaul.
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