Sidecar Health

Sidecar Health is a direct-to-employer health insurance carrier offering ACA-compliant major medical coverage across 44+ US states. Founded in 2018 by Patrick Quigley and Veronica Osetinsky, the company operates a transparent, direct-pay model that allows members to see guaranteed pricing for care before receiving services. The carrier issues a Sidecar Health Visa Benefit Card (through Sutton Bank, Member FDIC) for point-of-care payment and passes savings back to members when they spend below typical local costs.

The company's operational model eliminates prior authorizations, referrals, and network restrictions. Members use a mobile app to search providers, view fixed costs for physician visits, and track spending. Sidecar Health has established fixed-price care agreements with health systems including The Ohio State University Wexner Medical Center, enabling transparent pricing at the facility level.

Sidecar Health achieved unicorn status at a USD 1 billion valuation following its January 2021 Series C round. In June 2024, the company closed a USD 165 million Series D led by Koch Disruptive Technologies, which also served as a design partner for jumbo employer coverage. The company has raised approximately USD 290 million in total disclosed funding.