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Former Aetna chief Mark Bertolini named Oscar Health CEO

Former Aetna chief Mark Bertolini named Oscar Health CEO unknown

Oscar Health may not yet have disrupted the health insurance industry as promised, but it has disrupted its own C-suite, the insurtech announced Tuesday.

Oscar Health CEO and co-founder Mario Schlosser will step down from the top job next Monday and make way for former Aetna CEO and Chair Mark Bertolini, the company said in a news release. Schlosser will remain as president of technology.

Bertolini was CEO of Aetna from 2010 until 2018, when he departed after CVS Health acquired the insurer; he also served as board chair starting in 2011. The industry veteran has been an Oscar Health advisor since 2021, according to the news release. Prior to joining Aetna, he held executive positions at Cigna, NYLCare Health Plans and SelectCare. Bertolini most recently was co-CEO of investment management firm Bridgewater Associates.

Read the full story at Modern Healthcare