Oscar Insurance Corp. is starting to stem thebleeding after years of reporting large losses.

The privately held health insurer, created to sell plans underthe Affordable Care Act, lost $25.8 million acrossthree states in the first three months of this year, compared witha loss of $48.5 million a year earlier, according to regulatoryfilings Tuesday.

The company is beginning to get a handle on its medical costs,as the premiums it collected exceeded what it spent on healthservices.

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