{
  "docId": "019de072-66ea-73bf-8eec-85a7774de8fd",
  "docSlug": "637b92826747d6ff76304c95601fab53",
  "documentTitle": "Oscar Health | Investor Day Presentation Deck | 75 slides",
  "authorId": "oscar-health",
  "authorName": "Oscar Health",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2022-03-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 65,
  "pageCount": 75,
  "prevPage": 64,
  "nextPage": 66,
  "slideType": "revenue_buildup",
  "function": "present_solution",
  "density": "overcrowded",
  "nDataPoints": 1,
  "notes": "The chart is a classic waterfall bridge showing cash flow dynamics.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de072-66ea-73bf-8eec-85a7774de8fd/65",
  "deckHref": "/decks/019de072-66ea-73bf-8eec-85a7774de8fd",
  "deckJsonHref": "/decks/019de072-66ea-73bf-8eec-85a7774de8fd.json",
  "deckAnchorHref": "/decks/019de072-66ea-73bf-8eec-85a7774de8fd#slide-65",
  "components": [
    {
      "bbox": {
        "h": 0.68,
        "w": 0.36,
        "x": 0.038,
        "y": 0.192
      },
      "kind": "chart",
      "text": "Waterfall chart showing YE21 to YE22 cash movement",
      "attrs": null,
      "subkind": "waterfall-bridge",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "beb6ffce-c6a6-49a2-8257-c227af51825a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.52,
        "x": 0.44,
        "y": 0.815
      },
      "kind": "list",
      "text": "Other: largely interest expense: Other parent cash outflow largely consists of the interest expense we pay on our convertible notes",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "242cddda-97f4-4419-b1f0-e685e731be32",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.18,
        "w": 0.52,
        "x": 0.44,
        "y": 0.255
      },
      "kind": "list",
      "text": "Capital requirements at our Insurance subsidiaries: Our capital thresholds increase as our premiums earned grow; Quota share reinsurance reduces our capital infusions; Retained earnings/(losses) have a direct impact on our capital levels; Insurance company at target margins can self fund target levels of growth and begin to dividend back to parent",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6a2bd652-8167-4306-af45-ad07783b35b2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.52,
        "x": 0.44,
        "y": 0.62
      },
      "kind": "list",
      "text": "Holding Company expenses: Primarily our technology / “R&D” spend, net of +Oscar revenues; Acceleration in +O would reduce our net expenses",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b05ca7d1-0f0e-4010-9038-33eaacc6f58a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.52,
        "x": 0.44,
        "y": 0.14
      },
      "kind": "list",
      "text": "Our business is well capitalized following our $305M convertible raise, with three key uses of cash:",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c4ec5727-e5d7-4a34-b09a-d230c3619e7a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.044,
        "w": 0.397,
        "x": 0.038,
        "y": 0.068
      },
      "kind": "title",
      "text": "Parent cash: illustrative dynamics",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f4da3068-d8e3-4e13-9584-45cb47555655",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Waterfall / value bridge",
      "slug": "waterfall-bridge",
      "agent": null,
      "layer": "slide",
      "matchId": "e1d6d621-8c60-40c3-8747-e86e31120f7b",
      "evidence": "chart/waterfall-bridge: Waterfall chart showing YE21 to YE22 cash movement",
      "confidence": 0.9
    }
  ],
  "frameworks": [
    {
      "name": "waterfall-bridge",
      "slug": null,
      "matchId": "c6d4b858-49ab-4c53-9019-6efc213edef8",
      "evidence": "The chart visually bridges the starting cash balance to the ending cash balance through a series of positive and negative adjustments.",
      "confidence": 1
    }
  ],
  "arcBeats": [
    {
      "to": 75,
      "from": 36,
      "beatId": "b742f660-2c8f-4f17-8c38-e510b9bd4dd8",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Impact & Next Steps",
      "beatSlug": "consultants-gambit-impact-next-steps",
      "evidence": "The presentation concludes with financial outlook, next steps, and a call to action",
      "position": 4,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}