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Oscar Health’s Big ACA Gamble Is Paying Off. Here’s The Caveat.

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Oscar Health (OSCR) raised its full-year earnings outlook while lowering its expected medical costs to cover benefits for its nearly 3 million Affordable Care Act exchange members. OSCR stock climbed in early Wednesday stock market action ahead of its 9 a.m. ET investor conference. Oscar, which made an aggressive play to gain ACA market share, has seen enrollment surge 47%…

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