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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