As Obamacare reshapes the market, a startup finds success selling tech-savvy insurance
The Affordable Care Act has set in motion a massive influx of new consumers into the insurance market, some who had no coverage before and others who want to change their plan. Oscar, a New York startup founded in 2013, has positioned itself as a technology company disrupting the traditional offerings. It has managed to sign up over 40,000 clients, and today it’s announcing a massive new funding round of $145 million that values the company at around $1.5 billion.
Source:: The Verge