After ‘Really Good’ Year, Insurtechs Look to Continue Growth in 2025
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Mar 07, 2025
The three insurtechs — Alignment Healthcare, Inc., Clover Health Investments Corp. and Oscar Health, Inc. — each recently reported full-year 2024 earnings reports that continued to show improvements in membership and financial health.
Ari Gottlieb, principal of health care consulting firm A2 Strategies, is a longtime critic of the companies for touting themselves as technology firms rather than focusing on health insurance. However, Gottlieb says “it was a really good year for all three” companies, each of which achieved profitability on an adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) basis, plus significant gains in membership.
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