Oscar Insurance Company of Florida Review [2024]

Oscar insurance company of Florida is one of the freshest faces in the health insurance industry. If you are a Florida resident shopping for health insurance, then Oscar might be an option available to you. Oscar is by no means the most affordable health insurance, but its unique technology features could be appealing for some. To find the best health insurance at the right price for you, enter your ZIP code to compare personalized quotes from insurance companies for free.

What is Oscar insurance company of Florida?

Oscar insurance company of Florida is a newer health insurance company available in select areas. Oscar was founded in 2012 by computer scientist Mario Schlosser and fellow Harvard alumni Kevin Nazemi and Joshua Kushner – brother of Jared Kushner. Oscar began as a startup in New York City to bring technology integration into the health insurance industry to improve customer experience.

Oscar identifies itself as a technology-driven health insurance company. Oscar provides unique benefits that you are unlikely to see from other health insurance companies by using telemedicine, wearables, and smartphone integration.
Oscar insurance company of Florida provides additional health insurance benefits as well. Oscar offers free wellness visits, preventative care, and generic prescriptions as part of their straightforward plans.

Oscar health insurance is not available in all areas. Currently, Oscar serves 21 states, including Florida.

Oscar Insurance Company Operates in the Following States:

• Arizona
• Arkansas
• California
• Colorado
• Florida
• Georgia
• Iowa
• Illinois
• Kansas
• Michigan
• Missouri
• New Jersey
• New York
• Nebraska
• North Carolina
• Ohio
• Oklahoma
• Pennsylvania
• Tennessee
• Texas
• Virginia

The growing interest in Oscar’s business model from other leading health insurance companies like Cigna might be a bellwether for expanding coverage in the near future.

Oscar’s average costs are higher than other leading health insurance companies. For some customers, the benefits of free visits and on-demand telemedicine can outweigh the higher price.

How much does Oscar insurance company of Florida health insurance cost?

Oscar Insurance Company of Florida offers three plan options for eligible customers. The plan options have changed names a few times and are now known as Simple, Classic, and Elite. The above plans can be further categorized by the standard metal tiers created by the Affordable Care Act: Bronze, Silver, Gold, and Platinum. You can apply for health insurance through Oscar on their website or via the health insurance marketplace. (For more information, read our “Cheap Florida health & Homeowners Insurance“).

Oscar insurance company of Florida currently offers 34 different health insurance plans for Florida residents. Silver Classic Off-Exchange has the least expensive monthly premium at $317.83 with a $5,750 deductible. If you want to stay on the exchange, Bronze Simple is the second-lowest premium at $325.49 with an $8,000 deductible. The lowest maximum out-of-pocket expense plan is the Silver Simple HSA at $4,500 maximum out-of-pocket expense with a $427.29 monthly premium. 

Compare Oscar Insurance Company of Florida Health Insurance Plans

Oscar’s Simple plans have the most inexpensive premiums offered through Oscar insurance company of Florida. Furthermore, a unique characteristic of the Simple plan is that Oscar strives to keep the maximum out-of-pocket and deductible expenses the same amount. This straightforward approach makes it easier for customers to understand precisely how much they need to pay before their insurance starts paying.

Oscar Insurance Company of Florida Reviews

Oscar is a reasonably new health insurance company that has been in business for less than 10 years. Due to being new on the scene, Oscar still has a relatively small customer base and thus has not received a lot of customer reviews.

Currently, Oscar appears to have a mixed reception from customers. Many of the negative reviews concern the lack of availability across the nation. Positive reviews tout the convenience of Oscar’s telemedicine programs.

Oscar insurance company of Florida is not accredited by the Better Business Bureau yet. Oscar appears to have an A+ rating on the Better Business Bureau website. Still, there is no accreditation to support that rating.

It would be wise to conduct thorough research to ensure that Oscar insurance company will cover your specific needs.

Customer reviews do not suggest an A+ rating and paint a very different picture. Oscar health insurance has been rated 1.29 stars out of five across the most recent 50 reviews. Furthermore, there are nearly 70 closed customer complaints, many of which the customers have marked as unresolved.

A common theme among customer complaints is that Oscar health insurance may not always cover the care that they are required to under the Affordable Care Act. Additionally, a quick search will tell you that Oscar has been under fire for unlawful discrimination against certain demographics. It would be wise to conduct thorough research to ensure that Oscar insurance company will cover your specific needs.

What unique benefits are available through Oscar insurance company of Florida?

Oscar insurance providers stand out from other more well-known health insurance companies. Oscar is notable for its emphasis on using modern technology to help customers manage their health insurance.

Telemedicine is one of Oscar’s key differentiators when it comes to health insurance policies. Many leading health insurance companies provide some access to telehealth services. Oscar, however, has made telehealth a cornerstone of its business model.

Customers have access to a healthcare concierge service called a Care Team through Oscar health insurance. An individual’s Care Team stays consistent throughout their coverage, so there’s no need to worry about being handed off to different doctors for each appointment. Oscar states that their Care Team provides customers with 24/7 access to doctors and nurses who can help with non-emergent health issues.

Oscar has made telehealth a cornerstone of its business model.

Oscar insurance company uses wearable smart technology to help its customers reach their health goals and earn rewards. Oscar health insurance plans come with a free wearable smart device. As an Oscar customer, you can get a $1 Amazon gift card each day you meet your step goal. This reward is capped at a maximum of $100 each year. Oscar also offers a gym membership rebate for customers. A portion of this rebate can extend to eligible spouses as well.

The Oscar mobile app makes managing your health insurance easy. Oscar insurance company of Florida payments can be made through their mobile app with just a few taps. The ease of managing health insurance is one of customers’ most common positive remarks about Oscar health insurance.

The company states that they use the data from doctor’s visits and other anonymized health data to improve their services. If you are hesitant about sharing your health data, you should do your due diligence. You may want to read Oscar’s terms and conditions carefully before signing up for a health insurance policy through them.

Is Oscar insurance company of Florida right for you?

Shopping for health insurance is a hassle that many people dread doing. Whether you’re shopping on the health insurance marketplace or exploring private options, the choices are overwhelming. Terminology surrounding health insurance plans can get confusing, and it’s not easy to get a straight answer sometimes. Luckily, we are here to help make comparing insurance plans easy.

Are you considering purchasing a health insurance plan through Oscar insurance company of Florida? If so, this article should set you on the right path to learning more about this newer health insurance company. If you want to get the best deal on the right health insurance coverage to suit your needs, you need to compare your options. Enter your ZIP code to compare quotes from top insurance companies for free.