In 2022, the most prominent insurtechs — Bright Health, Oscar Health, and Clover Health — saw combined losses that totaled $2.35 billion.
Bright Health reported a net loss of $1.4 billion in 2022, compared to a $1.2 billion loss a year prior.
Oscar Health recorded a net loss of $606 million in 2022, compared to a net loss of $572 million in 2021.
Clover Health posted a $339 million net loss in 2022, compared to a $588 million loss in 2021.
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 17–19 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.
