Sidecar Health is a health insurance company founded in 2018 that operates on the principle that transparent pricing and open access enable consumers to shop for care more effectively. The company established its own insurance carrier in 2021, a milestone that allowed it to expand its offering beyond its initial excepted benefits plan.
The company provides two main products: an excepted benefits plan designed to demonstrate that consumers can compare prices and pay providers directly, and ACA-compliant major medical plans launched in 2021. These major medical offerings are available to large employers in both fully insured and self-funded (ASO) structures, giving employers flexibility in how they structure their health benefits.
Sidecar Health's approach centres on reducing barriers to care through pricing transparency and member control. By enabling direct comparison shopping and stable costs, the company seeks to align incentives between members and providers, allowing individuals to make informed decisions about their healthcare spending.
