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Oscar Health OSCR Policyholder Benefits And Claims Incurred Net

Policyholder Benefits And Claims Incurred Net at other companies

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Other financials

Income statement

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Revenue$4.6B+52.6%
Operating income$704.1M+137%
Net income$679.0M+147%
EPS (diluted)$2.07+125%

Balance sheet

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Cash & equivalents$4.8B+114%
Total debt$430.9M+43.7%
Total equity$1.7B+24.8%
Total assets$9.3B+59.0%

Cash flow

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Operating cash flow$2.6B+198%
CapEx$8.8M-2.6%
Free cash flow$2.6B+200%

Valuation

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Market cap$8.56B+4.0%
Enterprise value$4.16B-174%
P/S0.6×-0.2×

Profitability

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Operating margin0.1%
Net margin-0.3%
FCF margin-8.2%

Returns & leverage

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Return on equity-2.6%
Debt / equity0.3×0.0×
Current ratio1.1×+0.2×

Where this comes from

Reported directly by Oscar Health in its filing.

Tagged under the XBRL concept us-gaap:PolicyholderBenefitsAndClaimsIncurredNet.

The official record: Oscar Health’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Oscar Health's policyholder benefits and claims incurred net?
Oscar Health (OSCR) reported policyholder benefits and claims incurred net of $3.23B in Q1 2026.
How has Oscar Health's policyholder benefits and claims incurred net changed year-over-year?
Oscar Health's policyholder benefits and claims incurred net increased by 42.9% year-over-year, from $2.26B to $3.23B.
What is the long-term trend for Oscar Health's policyholder benefits and claims incurred net?
Over 4 years (2021 to 2025), Oscar Health's policyholder benefits and claims incurred net has grown at a 57.6% compound annual growth rate (CAGR), from $1.62B to $10.02B.
What does policyholder benefits and claims incurred net mean?
This metric represents the total costs incurred by the company for medical services, claims, and benefits provided to policyholders. It is the largest expense category for health insurers and directly impacts the medical loss ratio. Monitoring this helps evaluate the accuracy of underwriting and the cost-effectiveness of the provider network.