Affordable insurance: How the price of Oscar has skyrocketed

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Now Playing: How Oscar’s insurance premiums have skyrocketed Now Playing – Oscar, the cheapest insurance for the elderly, is now the most expensive article Now Reading: How to use your phone to buy insurance Now Playing, Oscar gets hit with a lawsuit for price gouging Now Playing How to get a cheap, reliable phone with no monthly fee Now Playing What you need to know about Oscar Now Playing Oscar is going to pay $50 million in damages for the government Now Playing $50M payout for Oscar over claims of price gougers Now Playing More from News24 Now Playing U.S. Supreme Court upholds $1M federal insurance settlement, but Trump is now out of options Now Playing Trump, Democrats urge Supreme Court to overturn Supreme Court ruling that blocked his executive orders on immigration Now Playing The Trump administration says it has received a $50-million payment from the U.N. to help fund hurricane relief Now Playing Texas wildfires: What to know now that it’s been declared an emergency Now Playing President Trump’s first trip abroad since taking office was postponed Now Playing Here’s what you need for the holidays Now Playing US to spend $1 billion on disaster relief, food and medical aid Now Playing New York City’s mayor says Trump administration won’t reimburse residents who paid for hurricane relief

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