Obamacare startup News

Connecticut Places ‘Unsteady’ Health Insurance Startup Under Supervision

Connecticut’s insurance commissioner announced Tuesday that nonprofit health insurer HealthyCT must be placed under state supervision to protect the company’s 40,000 policyholders. Commissioner Katharine Wade said HealthyCT’s financial condition has become “unstable,” “seriously jeopardized” by a recent $13.4 million payment …

Health Insurance Startup Oscar Narrows Hospital Networks to Compete

Oscar Health Insurance Corp. CEO Mario Schlosser has found the strategy he says will build his startup into a million-customer player in the health insurance industry: use tight, exclusive networks with hospitals to sell competitively priced insurance in perhaps 30 …