The Reality Reports

Oscar Health, Inc. is a health insurance and healthcare technology company based in New York City. Founded in 2012, the company set out to make health insurance easier for consumers to understand and use. It offers digital tools alongside traditional insurance coverage, allowing members to manage many healthcare needs through a website or mobile app.

Open enrollment gives you a chance to choose or change your health insurance coverage. The lowest monthly premium may look attractive, but it is not always the least expensive choice overall. A plan with a low premium can come with a high deductible, expensive copays, or limited doctors. The best approach is to compare what you could spend during the entire year, not just what comes out of your pocket each month. ( HealthCare.gov )

For a business with fewer than 20 employees, health insurance can be one of the most valuable benefits offered. It can help attract workers, improve retention, and give employees access to medical care at group rates. The challenge is finding coverage that balances premiums, deductibles, provider access, and the amount the employer can afford to contribute.

What COBRA Actually Means: COBRA stands for the Consolidated Omnibus Budget Reconciliation Act , a federal law passed in 1985. This law gives workers and their families the right to keep their group health insurance coverage for a limited time after certain life events.  These events include losing your job, reducing your work hours, transitioning between jobs, divorce, or other major changes. Without COBRA, you might face a gap in health coverage during times when you need it most.