Insurtech Oscar Health files for IPO amid strong user growth and widening losses

The US-based health insurtech has filed to go public, per its press release. It bagged $140 million in December 2020, just a few months after a $225 million raise, and was last valued at $3.2 billion in 2018. Founded in 2012, Oscar Health sells health coverage to individuals and families, small businesses, and seniors in Medicare Advantage plans.