Oscar Health (OSCR) Soars 12.88% on Medicare Reimbursement Jump

Oscar Health Inc. (NYSE:OSCR) is one of the 10 Stocks That Would Have Boosted Your Portfolios by Double Digits.

Oscar Health extended its winning streak to a 6th straight day on Wednesday, jumping 12.88 percent to close at $14.64 apiece following news of higher reimbursement rates for Medicare Advantage plans for next year.

Oscar Health Inc. (NYSE:OSCR) surged alongside its peers after the Centers for Medicare and Medicaid Services (CMS) announced earlier this week that it would raise to 2.48 percent in 2027 the reimbursement rates for Medicare plans, versus the mere 0.09 percent announced in January.

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The higher rate would translate to more than $13 billion in additional payments for 2027.

Oscar Health Inc. (NYSE:OSCR) is one of the leading insurance companies offering Medicare plans and is expected to benefit from the higher reimbursement rates.

In other news, Oscar Health Inc. (NYSE:OSCR) said that it is scheduled to announce the results of its earnings performance in the first quarter of the year before market open on May 6. A conference call will be held to discuss the financial and operating highlights.

For full-year 2026 alone, the company is targeting to grow its revenues by 60 to 62 percent to a range of $18.7 billion to $19 billion, versus $11.7 billion posted in 2025.

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