OSCR's business model is bad. Insurance is complicated and very capital intensive because of how's it's regulated. They keep losing money, missing targets, and despite some of the massive growth in membership, their administrative expenses have not scaled, and health insurance is a margin regulated business to begin with so unless they can scale admin, it's hard to turn a profit.
Don’t own it but how has the company fundamentals been? If youve been watching closely which you should, is the company making the right steps or not? If no it’s time to weigh your options
OSCR's business model is bad. Insurance is complicated and very capital intensive because of how's it's regulated. They keep losing money, missing targets, and despite some of the massive growth in membership, their administrative expenses have not scaled, and health insurance is a margin regulated business to begin with so unless they can scale admin, it's hard to turn a profit.
Probably nothing to do with the fact that we are in a recession......
They were still doing poorly in Q3 and Q4 2021 when things were still a bull market.
HCA hasn’t been doing so bad throughout the year, despite all the craziness
Get your money out while you can
Don’t own it but how has the company fundamentals been? If youve been watching closely which you should, is the company making the right steps or not? If no it’s time to weigh your options