New CEO of Health Insurer Oscar Health Inc 2023: Oscar Health names former Aetna head Mark Bertolini as CEO

 New CEO of Health Insurer Oscar Health Inc 2023: Oscar Health names former Aetna head Mark Bertolini as CEO

March 28 (Reuters) - Health insurer Oscar Health Inc (OSCR.N) said on Tuesday that Mark Bertolini, former chief of Aetna Inc, will take on the role of its CEO next month, sending its shares up about 24% before the bell.

Bertolini was previously the chief executive officer of health insurance giant Aetna Inc, which is now a part of CVS Health Corp (CVS.N).

The announcement by Alphabet-backed (GOOGL.O) Oscar Health comes as it focuses to become a profitable insurance business.