Cigna, a foremost global health service company, and Oscar Health, Inc. the first health insurance company built on a full-stack technology platform, declared that together they would work for supplying small business health insurance in the Bay Area, Central Coast, Greater Sacramento, Inland Empire, Los Angeles, Orange County, North Bay, and San Diego regions.
- Cigna and Oscar will offer small businesses reach to affordable, member-first health insurance products throughout the declared zones. Covered employees will have passage to $0 co-pay 24/7 virtual doctor visits, low-cost prescription coverage, behavioral health care, and Cigna’s networks of quality doctors, experts and hospitals.
- Bruce Grimm, Cigna’s Senior Vice President of Segments said, “Cigna and Oscar bear together Cigna’s nationwide and local provider networks, and Oscar’s member-focused expertise, to deliver small group health insurance for the unique needs of small businesses. We are delighted to bring this innovative partnership to California to help small businesses prioritize their employees’ health needs.”
- Businesses all across California have been struggling to keep their doors open since the beginning of the COVID-19 pandemic. As small businesses plan for the future, 88% surveyed by Cigna and Oscar are prioritizing employee health, and 66% said health insurance is more important in their budgets now than before the pandemic.
- California small businesses with between one and 100 employees will have admittance to unique services driven by the combination of Cigna’s provider relations and Oscar’s consumer-centric, tech-driven strategy to customer service and care navigation. Cigna and Oscar will partake in risk equally under a reinsurance understanding for solutions offered through this strategic partnership and design to increase the partnership over time.