Benzinga | Nov 23, 2021 09:28AM EST

Oscar Health Reports Partnership With Stride Health To Provide Best-In-Class Enrollment Experience For Members, Brokers

Oscar Health, Inc. ("Oscar") (NYSE:OSCR), the first health insurance company built on a full stack technology platform today announced a partnership with Stride Health, the leader in portable benefits technology. Oscar will offer a fully-integrated enrollment experience powered by the Stride for Health Plans enrollment platform on the Oscar website. With this new, best-in-class experience,

2 Shoppers can now seamlessly enroll in Affordable Care Act Individual & Family health plans without leaving the Oscar digital experience.

4 Oscar brokers will have a comprehensive, easy-to-use enrollment platform to help their customers get enrolled and connect them instantly to the Oscar digital experience.1

The Stride for Health Plans enrollment platform features a unique integration with HealthCare.gov, known as Enhanced Direct Enrollment, or EDE. This allows consumers to complete their entire health insurance application process on a single site. In addition to an improved direct to consumer experience, the integration also improves the ability for brokers to service Oscar members via the Oscar broker portal. Specifically, this enables brokers to fully enroll individuals in the health plan that's right for them, while also ensuring that their clients can get information on and access available subsidies to offset insurance costs. The integration also empowers brokers with the ability to easily renew members while providing them with the tools needed to deliver world-class customer support.

This partnership comes as millions of Americans are shopping for Individual & Family health plans during the Open Enrollment Period for 2022 and will streamline the historically inefficient process.

"Our focus has always been to provide an unparalleled experience for all who interact with Oscar, whether that's our members, brokers, or general agents. Our integration with Stride for Health Plans allows us to do just that," said Louis DeStefano, SVP of Growth for Oscar. "We are proud to be finding new solutions to support brokers this Open Enrollment, and help individuals get enrolled in our plans, giving them access to high-quality, affordable care."

"We launched Stride in 2014 with the belief that enrolling in health insurance and individual benefits should be easier for everyone," said Noah Lang, CEO and Co-Founder of Stride Health. "Oscar set the bar for the entire industry with their personalized care & member experience and we're incredibly proud that our Stride for Health Plans platform now powers a comparably user-friendly enrollment experience for both their members and their brokers."

In addition to serving Individual & Family plans, the Stride platform will also be available to +Oscar clients --- Oscar's newly launched tech-driven platform business, designed to help healthcare clients drive improved efficiency, growth, and superior engagement with their members and patients. More information can be found at www.hioscar.com.