• Oscar Health average operating margin for 2023 was -7.74%, a 57.89% decline from 2022.
• Oscar Health average operating margin for 2022 was -18.38%, a 50.99% decline from 2021.
• Oscar Health average operating margin for 2021 was -37.5%, a 56.81% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.