Oscar Health, the startup run by Josh Kushner (yes, brother of Jared), has raised $165 million at a reported valuation of $3.2 billion, CNBC’s Christina Farr reports. The funding comes from Alphabet’s Capital G investment company and Verily life sciences corporation, Founders Fund and others. Oscar’s goal is to outpace existing industry-leading insurers, including UnitedHealth […]
View More Oscar Health raises $165 million at reported $3B valuationCategory: UnitedHealth
CVS, other health stocks down upon Amazon, JPMorgan, Berkshire healthcare co news
Investors panicked this morning upon the news Amazon, JPMorgan Chase and Berkshire Hathaway were teaming up to launch a health insurance company for their U.S. employees. Healthcare is one of the biggest operating costs for Fortune 500 companies and the three iconic companies have joined forces to build a new health insurance company for all U.S. employees in an effort to improve satisfaction… Read More