Full-Time

Attorney

Posted on 8/5/2024

Oscar Health

Oscar Health

1,001-5,000 employees

Health insurance provider using technology

Fintech
Healthcare

Compensation Overview

$142.6k - $207.9kAnnually

+ Equity Grants + Annual Performance Bonuses

Senior

Los Angeles, CA, USA + 2 more

More locations: Tempe, AZ, USA | New York, NY, USA

Hybrid role for candidates within commutable distance to New York City, Tempe, or Los Angeles offices; otherwise, fully remote.

Category
Legal
Risk & Compliance
Legal & Compliance
Requirements
  • Bachelor’s degree required; Advanced degree preferred.
  • 7+ years of experience in health insurance trade groups, state legislative staff, health insurance industry or another regulated industry. 2 years of experience may be replaced by an advanced degree in a related field (J.D., M.P.H., or MPP).
  • 7+ years of experience with state legislative and regulatory processes, as they relate to the health insurance industry.
  • 7+ years of experience working with federal health insurance regulators (including HHS/CMS/CCIIO), federal risk adjustment rules and the Stars Rating Program.
  • 7+ years of experience managing cross-functional projects, specifically in the government affairs/regulatory space.
  • 7+ years of experience communicating with and presenting information to leadership.
  • 7+ years of experience distilling legislative and regulatory requirements into clear action items, for audiences of seniority.
  • 5+ experience managing a team with high impact deliverables.
  • Licensed attorney in good standing.
Responsibilities
  • Manage a team of analysts to ensure efficient tracking of all proposed and enacted legislation, regulations, bulletins, and other regulatory guidance of impact to Oscar.
  • Provide legal counsel on interpretation of legislative and regulatory requirements.
  • Provide expertise on legislative, regulatory and industry developments, including the proactive identification and assessment of regulatory risks and the ongoing monitoring and tracking of relevant legislative and regulatory updates.
  • Ensure relevant teams are informed of impactful proposals, and work with internal subject matter experts to develop talking points to advocate on behalf of Oscar’s interests with policymakers or through industry trade associations.
  • Ensure that value-added memoranda summarizing all newly enacted laws and regulations are timely distributed to Oscar’s Compliance team for implementation purposes. Be a resource to Compliance in the implementation of all legislative and regulatory proposals.
  • Manage relationships with relevant state trade associations and other stakeholders to identify opportunities to promote policies that further Oscar’s interests. Maintain relationships with staff to facilitate and strengthen company influence with associations to obtain appropriate research and policy support.
  • Under the direction of the Head of Government Affairs, represent Oscar’s interests with elected officials and state legislators, and trade group leaders.
  • Compliance with all applicable laws and regulations.
  • Other duties as assigned.

Oscar Health provides health insurance plans for individuals, families, and small businesses, aiming to simplify the insurance experience through technology. Their services include 24/7 virtual care, allowing members to consult healthcare providers anytime, which is convenient for those needing immediate medical advice. Oscar also offers tools to help members locate doctors and facilities that accept their insurance, enhancing access to care. Unlike traditional insurers, Oscar focuses on user engagement and digital accessibility, ensuring their services are inclusive for all, including people with disabilities. The company's goal is to make healthcare more accessible and affordable while maintaining high-quality care.

Company Stage

IPO

Total Funding

$1.6B

Headquarters

New York City, New York

Founded

2012

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Oscar Health aims to double its membership by 2027, leveraging ACA market position.
  • The partnership with Cigna expands Oscar's market reach and provider network.
  • Oscar's digital campaigns attracted 600,000 new members, showcasing effective customer acquisition.

What critics are saying

  • Oscar's exit from Medicare Advantage led to a loss of 1,800 members.
  • The partnership with Cigna saw a membership decline of nearly 10,000 members.
  • Oscar faces stiff competition in the employer market from larger insurers.

What makes Oscar Health unique

  • Oscar Health uses technology to simplify and humanize the insurance experience.
  • The company offers 24/7 virtual care services for immediate medical consultations.
  • Oscar provides tools to help members find doctors, hospitals, and pharmacies.

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Benefits

Health insurance - That’s a given. Employees and their families receive incredible health insurance.

Financial benefits - A penny saved....we’re talking about a 401K plan, health savings accounts, and more.

Well @ Oscar - We care about your wellness with fitness classes and access to mental health support.

Work-Life Balance - We offer multiple time-off options, wellness days, and 10+ weeks of parental leave.

Learning & Development - We offer everything from mentorship to management training.

INACTIVE