“`html
On July 2, 2025, Centene Corporation (NYSE:CNC) withdrew its financial guidance due to rising costs, resulting in a 40% drop in its stock. Other major health insurers also suffered declines: Oscar Health (NYSE:OSCR) fell 19%, UnitedHealth (NYSE:UNH) dropped 6%, Molina (MOH) decreased by 22%, and CVS (CVS) fell 4%. The downturn reflects broader issues in the industry, including increasing medical expenses linked to a higher volume of procedures and persistently high drug prices.
Currently, Oscar Health’s stock is trading around $17, about 30% below its 52-week high of over $23, despite a year-to-date increase of 23%. Its revenue has grown significantly, averaging 59% annually over the past three years, with total revenue reaching $10 billion in the last 12 months. However, the company has poor profit margins, illustrated by a net income margin of just 1.2% compared to the 11.6% benchmark for the S&P 500.
As of July 2, 2025, Oscar Health’s debt was $300 million against a market capitalization of $4.2 billion, reflecting a strong debt-to-equity ratio of 5.8%. Despite its growth potential, concerns about sustainability and volatility persist among investors.
“`
