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Sidecar Health Expands Disruptive Health Insurance Offering to Utah


Press release content from Business Wire. The AP news staff was not involved in its creation.
Sidecar Health Expands Disruptive Health Insurance Offering to Utah
March 11, 2021 GMT
EL SEGUNDO, Calif. (BUSINESS WIRE) Mar 11, 2021
Sidecar Health, the company dedicated to providing simple and transparent insurance options based on doctors’ cash prices, today announced it is available to consumers in Utah. Consumers in 16 states will now have access to Sidecar Health’s flexible and affordable insurance solutions.
“By introducing Sidecar Health to consumers in Utah, we’re giving residents of the state the option to take advantage of a new approach to quality health coverage that is based on the power of cash,” said Patrick Quigley, CEO of Sidecar Health. “With the average cost of monthly health insurance premiums in Utah nearly $500, our presence will provide a much-needed solution to those who are uninsured and for people looking to save money and take ....

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DLA Piper advises Sidecar Health in US$125 million Series C financing


DLA Piper advises Sidecar Health in US$125 million Series C financing
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NEW YORK, Feb. 3, 2021 /PRNewswire/  DLA Piper represented health insurtech company Sidecar Health in its recent US$125 Series C financing, resulting in its subsequent valuation at US$1 billion. The round was led by Drive Capital and included participation from new investors BOND, Tiger Global and Menlo Ventures, along with existing investors Cathay Innovation and GreatPoint Ventures. 
Sidecar Health s proprietary app and payment technology allow members to see their benefit amounts for more than 170,000 medical services and prescription drugs before they access care. Members can also view what providers have charged other Sidecar Health members for services, which allows them to comparison shop for care as they would for any other product or service. Members can also pay doctors at the time of care using a Sidecar Health Visa card th ....

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