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Porzio Compliance Digest
 
 
 

Scott Liebman Wrote a Forbes Article on the Affordable Care Act and a Start-Up Health Insurance Company Challenging the Conventional

 
August 19, 2013
 

Scott S. Liebman, Principal of Porzio, Bromberg & Newman and Vice President of Porzio Life Sciences, LLC co-wrote the Forbes article "Say Hi To Oscar: The New Kid That May Change Health Insurance.”

Scott S. Liebman, Principal of Porzio, Bromberg & Newman and Vice President of Porzio Life Sciences, LLC co-wrote the Forbes article "Say Hi To Oscar: The New Kid That May Change Health Insurance.”

 
In five weeks from now, the Patient Protection and Affordable Care Act mandates the opening of health insurance exchanges around the country. At that time New Yorkers will be introduced to an innovative way of thinking about health care: Oscar. Three friends, and technology entrepreneurs, teamed up to do something that has been inconceivable to date—create a start-up health insurance company to take on conventional health insurers on the NY exchange. Oscar co-founders, Josh Kushner, Kevin Nazemi and Mario Schlosser, plan to change the health insurance industry through technological interfaces, telemedicine and real transparency. Their goal is to redesign insurance to be geared toward the user experience, to make patients seek out their insurer before their doctor.
 
When asked about their role or faith in the success of the ACA, the team commented that, “the ACA is a catalyst for what we’re doing.” And the creators hope that Oscar will become a catalyst for the rest of the health insurance industry to be more transparent. They claim Oscar will set the stage for new expectations and behaviors by consumers, and that people already know they deserve more from their health care system.
 
To read the full article, please click here.


 
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