NY Office - 516-352-7000

NJ Office - 973-257-5558

fna@fnainsurance.com
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Starting in 2017 Oscar will be direct contracting their network, rather than utilizing Magnacare's. The new network will be focused around Sinai, Montefiore, and LIHN, with around 20,000 physicians in total. NYU and Northwell will be out of network effective 1/1.
 
They are making this change for two reasons. First, the direct relationship with the systems will allow Oscar to build out great tools that will improve access to care. This is the core of what they do and these deals will put them in a position to build some very cool new features. Second, it will significantly improve their unit cost structure and help keep premiums stable in the future. A similar email is going out to NY members as well. We encourage you to read the blog (linked in the email) – there are a lot more detail in there.
 
Link to the official broker announcement email is below.