In the second quarter of 2021, four leading health insurance startups all reported revenue growth, but also financial losses. Clover Health’s revenue is $412.5 million, however, the company’s net loss is $317.6 million. Despite the fact that Bright Health’s revenue was $1.1 billion, the company’s net loss of $44.5 million was substantial. Alignment Healthcare’s revenue increased to $309 million in the second quarter, despite a loss of $44.8 million. Finally, Oscar Health’s revenue increased to $529.3 million, with a net loss of $73.1 million.