Health InsurTech Oscar names CEO

oscar-health-insurtech-names-new-CEO

Oscar Health, a health insurance company built around a full-stack technology platform, has appointed Mark Bertolini as CEO.

The appointment will come into effect April 3.

Co-founder Mario Schlosser, will transition to president of technology, reporting to Mark.

In his new role, Schlosser will lead product and engineering, with a focus on building Oscar’s tech platform for the future and continuing to set the strategy for the +Oscar roadmap.

Oscar Health is an InsurTech company built around a full stack technology platform and a relentless focus on serving its members. The company’s mission is to make a healthier life accessible and affordable for all.

Headquartered in New York City, Oscar has been challenging the health care system’s status quo since its founding in 2012.

Mr. Bertolini is a national healthcare thought leader, and the former chairman and CEO of Aetna Inc. During his tenure at Aetna, Mr. Bertolini led the company’s transition from a traditional health insurance company to a consumer-oriented health care company focused on delivering holistic, integrated care in local communities. He has a long history of advocating for increased consumerism, higher levels of value-based care, and more digitization in healthcare.

Schlosser, said, “I have worked closely with Mark in his role as a strategic advisor to Oscar for the past 18 months and it’s become clear that we share a vision for the future of healthcare.

“By pairing my passion in tech with Mark’s extensive expertise in building and scaling companies, we are well-positioned to continue to execute our strategy for profitability, set Oscar up for continued growth, and deliver enhanced value for our members and shareholders.”

Earlier this year, Angle Health, a Y Combinator-backed health insurance carrier, raised $4m in seed funding to launch its tech-enabled health insurance plans for startups.

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