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Oscar will move into the Medicare market. Photo: Oscar Health Insurance

Oscar Health Insurance is planning to keep branching out beyond the Affordable Care Act's individual markets. The startup insurance company has a job posting for an actuary who "will support the launch of our Medicare Advantage business."

An Oscar spokesperson said there was "nothing imminent" about the company's plans. But "Medicare Advantage is a market that qualifies" within Oscar's strategy of being a tech-driven insurer built around consumers. Oscar, which is losing money, already is expanding into employer coverage.

Why it matters: The ACA marketplaces aren't in the most stable condition right now. Medicare Advantage, however, enjoys bipartisan support and is flush with money. Oscar is yet another health care company that wants a piece of the Medicare pie and, like other insurers, could be hedging its ACA risk.

Go deeper

Netflix tops 200 million global subscribers

Illustration: Rebecca Zisser/Axios

Netflix said that it added another 8.5 million global subscribers last quarter, bringing its total number of paid subscribers globally to more than 200 million.

The big picture: Positive fourth-quarter results show Netflix's resiliency, despite increased competition and pandemic-related production headwinds.

Janet Yellen plays down debt, tax hike concerns in confirmation hearing

Treasury Secretary nominee Janet Yellen at an event in December. Photo: Alex Wong via Getty Images

Janet Yellen, Biden's pick to lead the Treasury Department, pushed back against two key concerns from Republican senators at her confirmation hearing on Tuesday: the country's debt and the incoming administration's plans to eventually raise taxes.

Driving the news: Yellen — who's expected to win confirmation — said spending big now will prevent the U.S. from having to dig out of a deeper hole later. She also said the Biden administration's priority right now is coronavirus relief, not raising taxes.

Trump gives farewell address: "We did what we came here to do"

Photo: Mandel Ngan/AFP via Getty Images

President Trump gave a farewell video address on Tuesday, saying that his administration "did what we came here to do — and so much more."

Why it matters, via Axios' Alayna Treene: The address is very different from the Trump we've seen in his final weeks as president — one who has refused to accept his loss, who peddled conspiracy theories that fueled the attack on the Capitol, and who is boycotting his successor's inauguration.