Oscar Health Inc at JPMorgan Healthcare Conference Transcript
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Hey, good morning. My name is Cal Sternick. I am one of the managed care and Facilities Analyst here at JPMorgan, and I'm pleased to have with us here Oscar and CEO, Mark Bertolini. Mark's going to make a few introductory remarks, and then we'll move on to the fireside chat format.
Mark?
Great. Thank you and good morning. Thanks for coming. I wanted to give a little bit of an insight on how 2024 is shaping up. We expect that we will have 1.3 million members. And when open enrollment has done, that is a 31% increase in membership. And if you exclude the California asset, it's a 38% increase overall year over year. So double the market, it's pretty much how we've done a lot of that growth came in existing markets, but also we had expansion markets. We did rule expansions off of our major metropolitan bases and provider contracts, and we saw appropriate level of profitable growth in those markets as a 1st year entry, and we expect
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