Bloomberg Businessweek

This Kushner Likes Obamacare

Health insurer Oscar has a big-name founder and Silicon Valley money behind it. That only goes so far

Max Chafkin and Zachary Tracer

In 2012, amid the idealistic aftermath of the passage of the Affordable Care Act, Josh Kushner started a health-care company. Kushner—younger brother of Jared and brother-in-law to Ivanka Trump—launched Oscar Insurance Corp. with two Harvard Business School classmates, Kevin Nazemi and Mario Schlosser. The idea was to make the healthcare system easier to navigate for patients by, for instance, improving customer service and designing bills that were easier to understand. “Our motivation was like, man, these bills suck,” says Schlosser, the chief executive officer.

Oscar opened its doors in New York during the first Obamacare enrollment period in

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