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At the recent Cornell Tech @ Bloomberg speaker series, Mario Schlosser, co-founder and CEO of Oscar Health, was interviewed by Bloomberg Television’s Scarlet Fu spoke with him about the founding of Oscar Health, his entrepreneurial journey, his predictions for the future of digital health, the changing health insurance marketplace and how the healthcare industry can address cost concerns.

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Greatest Insight: Narrow and curated networks in healthcare are better than endless choices.

Inside the Interview:

Fu asked Schlosser: How do you sell people on the the idea that narrow is good when everyone prizes flexibility and options?

To answer this question, Schlosser cited the unscientific discovery process of finding new physicians and market forces unique to the US healthcare industry wherein higher cost do not necessarily mean higher quality care.

Go to  11:32 in the video to hear Schlosser’s full answer.

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Video courtesy Bloomberg LP.