Oscar, a health-insurance startup, is reportedly raising new funding that could value the company at$3 billion, Fortune's Dan Primack, Erin Griffith, and Leena Rao report.

The new funding is said to be led by Fidelity, and $150 million has been committed so far.

In September, Oscar raised $32.5 million from Google Capital at a $1.75 billion valuation.

Read more Oscar, a billion-dollar New York startup that wants to shake up healthcare, is reportedly raising even more money at a $3 billion valuation

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