Oscar Health

Oscar Health — the American startup founded in 2012 working at the market of health insurance and facilitating to patients access to medical services. He offers ObamaCare insurance in six American states and does it using modern technologies and opportunities for work with data. In particular, the "smart" Oscar Health systems help patients to pick up the correct doctor.

The company manages the platform integrated with hospitals and clinics and develops the individual electronic policy of voluntary medical insurance. By August, 2018 the number of staff of Oscar Health totals more than 700 people. In 2018 the company attracted $165 million investments.

History

2018: Google invested $375 million in Oscar Health

In the middle of August, 2018 Google announced investment of $375 million into Oscar Health to help a startup to expand geography and the markets of presence. It is supposed that this transaction will allow Oscar Health to enter the program  of health insurance with an expanded covering  (Medicare Advantage) in 2020.

Google invested $375 million in a medical startup of the brother of the zyat Trump

According to the Wired portal, having invested in Oscar Health, the Google company will receive approximately 10 percent share in this startup.

One of founders of Oscar Health is Josh Kushner — the brother of the son-in-law USA Donald Trump   of the president Jared Kushner. However this relationship does not influence activity of the company in any way, the CEO Mario Schlosser claims it. Commenting on investments of Google, he noted the following:

It is a fantasy for us because this transaction will really allow us to focus completely on the main model which we build within the last six years, namely: use technologies, data, to use design, human approach for creation of absolutely other experience in the field of medical care.[1]

Notes