Cigna and Oscar Announce Strategic Partnership to Offer Differentiated Health Solutions to Small Businesses

(Bloomfield, CT and New York, NY, January 13) -- Cigna, a leading global health service company, and Oscar, a tech-driven health insurance company, today announced an exclusive partnership to jointly provide commercial health solutions to small businesses.

"Small businesses are the backbone of the American economy and through this partnership, we can take a disciplined approach to offering differentiated health care solutions that help small businesses save money, expand network and product choice and keep employees healthy,” said Julie McCarter, Vice President of Product Solutions at Cigna.

The American economy is driven by small businesses, which account for more than 40% of net job creation in 2018. It is a highly dynamic space with more than 500,000 new companies started every month. Small group health plans serve approximately 15 million people in the U.S. today and those offer- ing comprehensive health plans give businesses a competitive advantage in hiring and attracting top talent.

"Together, we are giving small business owners an affordable, simple-to-use option that makes it easier for their employees to get appropriate care quickly and stay healthy,” said Joel Klein, Chief Policy and Strategy Officer at Oscar. "Cigna + Oscar will give these business owners and their employees con- sumer-centric health care coverage and physician networks that provide personalized care.”

The companies will provide affordable, seamless, fully insured health benefits under the Cigna + Oscar brand to the small group market. Services will include:

• • Integrated medical, behavioral, and pharmacy services
• • Broad access to high-performing networks of doctors and hospitals