Oscar Health reported strong second-quarter results, swinging to a profit of $362 million compared to a loss of $228.4 million a year ago. | CEO Mark Bertolini said during Thursday’s earnings call the company brought in $1.1 billion in earnings and $1 billion in net income for the first half of 2026.

Insurer Oscar Health swung to a $361 million second quarter profit while eclipsing $1 billion in net income for the first six months of the year as medical costs eased.

Oscar Health Announces Record Financial Results for First Half 2026 and Raises Full Year 2026 Outlook