Sidecar discontinues individual plans: huge opportunity

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2 pointsrarelyjeremy4 comments

As you’ll see in the comments of this reddit thread, untold numbers of people (including myself) are being left in the dust by Sidecar Health’s decision to discontinue their fixed indemnity policy for individuals.

This system of Sidecar paying 80% / policyholder paying 20% worked so well for the individuals, but perhaps it’s not a viable business model? I don't know. I just hope some healthcare-passionate entrepreneur decides to build something for this newly underserved market.

No amount of entrepreneurship can overcome the current healthcare system failures in the US. Look at the comments in the thread about how much more expensive marketplace plans are: that is closer to sustainable prices vs what Sidecar (or a future potential startup insurer) can offer.

Citations:

https://jacobin.com/2024/12/unitedhealthcare-reform-politica...

https://www.thebignewsletter.com/p/its-time-to-break-up-big-...

https://www.peoplespolicyproject.org/2024/12/10/health-care-...

https://www.healthaffairs.org/doi/10.1377/hlthaff.22.3.89

https://www.healthaffairs.org/doi/10.1377/hlthaff.2018.05144

I agree with you, but the best ones see things the rest of us don’t

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