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Violation Tracker Individual Record

Company: Oscar Insurance Corp.
Current Parent Company: Oscar Health Inc.
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
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Penalty: $576,950
Year: 2018
Date: December 12, 2018
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: Oscar Insurance Corp. was fined $576,950 for violations including the failure to adhere to deadlines for utilization reviews and failure to include detailed explanations of adverse determination notices.
Level of Government: state
Action Type: agency action
Agency: New York Department of Financial Services
Civil or Criminal Case: civil
Facility State: New York
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.