Sidecar Health Now Offers Ohio’s Cheapest ACA Health Insurance Plans

0


EL SEGUNDO, California, October 26, 2021 (GLOBE NEWSLETTER) – Sidecar health, the company dedicated to providing straightforward and transparent insurance options based on cash prices, today announced the launch of a new line of Affordable Care Act (ACA) products, starting with out-of-the-box plans. scholarship available in Ohio for plan year 2022. This new product meets all ACA requirements while costing approximately 24% less than other state ACA plans. Sidecar health is an approved insurer domiciled in Ohio and expects it to continue to expand the availability of its ACA product to other states for the 2023 plan year.

“ACA is an essential driver of health coverage in United States, but it’s still prohibitive for many, many people. We are proud that our new plans contain all of the ACA protections and benefits consumers rely on, while providing flexibility, transparency and affordability. Sidecar health is known for, ”said Patrick quigley, CEO of Sidecar health. “We look forward to bringing our unique cash payment model to the ACA market and helping thousands of people access quality care that was previously beyond reach. “

Sidecar health operates on the simple principle that everyone has the right to take control of their health care and receive the “cash price” from the provider for the services they need. On average, customers who pay in cash get 40% savings1 on health services compared to the rates negotiated by insurance companies. With Sidecar Health, members can take advantage of these reduced costs, without network constraints or surprise bills. Using the Sidecar Healthcare Calculator, members can search for providers based on the average cash price available for specific services in their area and pay at the point of service using their Sidecar VISA Benefit Card Health. With insight into the true cost of health services, members actively participate in their health care; like other consumer-oriented industries, better informed consumers make better choices.

Sidecar health also offers Access Plan, a non-ACA “excluded benefits” product that is currently available to more than 150 million Americans in 17 states and helps consumers in those states cover the cost of healthcare services with Sidecar Health’s cash payment model. Sidecar health plans to expand this product to several other states next year. Sidecar health the excluded benefit plans are available to consumers all year round by Alabama, Arkansas, Arizona, Florida, Georgia, Indiana, Kentucky, Maryland, Michigan, Mississippi, Ohio, Oklahoma, North Carolina, Caroline from the south, Tennessee, Texas, and Utah.

On Sidecar health
Sidecar health is changing medicare. Unlike traditional insurance, which is between the patient and the doctor, Sidecar health members can pay for care directly when they get it using the VISA Sidecar Health benefit card. As a result, members can see any doctor, all coverage is transparent, and members save 40% compared to traditional insurance. We believe this is health insurance as it should be.

Founded in 2018, Sidecar health lifted more than $ 175 million to date of Driving capital, LINK, Menlo Ventures, Tiger Global, Cathay Innovation, GreatPoint Companies, and Morpheus Ventures. For more information visit: www.sidecarhealth.com

1 Savings estimate based on a study of over a billion claims comparing the self-payment (or cash payment) prices of a frequency-weighted basket of procedures to the rates negotiated by insurers for the same. Complaints were collected between july 2017 and July 2019. R. Lawrence Van Horn, Arthur laffer, Robert L. Metcalf. 2019. The transformative potential of price transparency in healthcare: benefits for consumers and providers. Health management policy and innovation, volume 4, number 3


Media Contact
Denton Baird
The Bulleit Group
[email protected]
(919) 616-7937

Main logo

Source: Sidecar health


Share.

About Author

Comments are closed.