Oscar Health and Cleveland Clinic will expand their co-branded insurance product into three more Ohio counties, the two announced Thursday.
The Cleveland Clinic + Oscar plans are available on the state’s Affordable Care Act exchanges, and first launched in 2018. The joint insurance plan is Cleveland Clinic’s first foray into health coverage with a plan branded under its name.
The plans offer 24/7 telemedicine, access to Oscar’s tech platforms and assistance from a care team to help members navigate the health system. Rates are still under review by regulators, with ACA open enrollment set to begin on Nov. 1.
“Oscar’s partnership with Cleveland Clinic clearly demonstrates what’s possible when payers and providers align,” Mario Schlosser, CEO of Oscar, said in a statement.
Schlosser said that Oscar’s plan design, including its concierge teams, free up Cleveland Clinic’s providers to “focus on patient care above all else.”
“Using an innovative approach, this partnership allows patients to easily navigate the healthcare and health insurance system while receiving the highest quality of care to improve their overall health,” Doug Chaet, chief managed care officer at Cleveland Clinic, said.
It’s been a year of growth for Oscar, with the news that these co-branded plans will reach new areas the latest in a list of expansion announcements.
Perhaps most notably, Oscar announced that it will launch its first-ever Medicare Advantage plans in 2020, beginning in Houston and New York, with the latter plan co-branded with Montefiore Health System.
Oscar unveiled plans to enter the MA sector in the summer of 2018 after it secured a $375 million investment from Alphabet, Google’s parent company.
Oscar also announced in August that it intends to expand its ACA exchange plans into six new states and 12 new markets, marking the third year in a row that the startup health plan has grown its ACA footprint.