Toledo, Ohio, July 18, 2024 /PRNewswire/ — Sidecar Health, a consumer-driven health insurance company with a mission to provide access to quality health care, is pleased to announce that it has signed a first-of-its-kind pricing and patient access agreement with ProMedica, one of the world’s largest health insurance providers. Ohio “This collaboration marks a significant milestone in our ongoing efforts to improve the overall patient experience and a step forward toward a more consumer-centric and engaging standard of care.”
Giving patients and providers control back over their care
Many health insurance plans limit patient choices by restricting who they can see through narrow networks or by requiring doctors to get prior authorization for certain treatments. Instead of focusing on providing the care they know is best, doctors are forced to deal with red tape and delays, and patients are kept waiting for important care.
In contrast, Sidecar Health Plans offer an innovative, network-free approach to health insurance, providing unmatched choice and access. Members get a budget for the care they need and can use their benefits with the providers they choose. This model ensures members know exactly what the plan covers for every medical service, and if the plan costs less than what the plan pays, Sidecar Health shares the savings with patients. The company has restructured its health insurance to remove complex restrictions and add much-needed price transparency.
Sidecar Health empowers both healthcare providers and patients by putting treatment decisions back in the hands of physicians and providing actionable transparency so they can focus on what really matters: providing and receiving the best care. Freed from the constraints of complex insurance regulations, physicians can focus solely on their patients’ needs, and patients can confidently choose the right provider, knowing costs are transparent and covered.
ProMedica is a decades-old, mission-driven, not-for-profit health care system known nationally for its commitment to improving health and well-being. ProMedica is perfectly aligned with Sidecar Health’s goal of providing access to affordable, high-quality health care through outreach programs and initiatives that address the social determinants of health.
A new model for payers and insurers to work together
Sidecar Health and ProMedica’s shared mission has resulted in a pricing and patient access agreement that allows providers and patients to seamlessly collaborate on care decisions. Toledo Local health care providers can now access ProMedica services at no out-of-pocket cost, except for applicable deductibles, and while members can continue to see their providers of choice, this agreement gives members new options for finding quality care at an affordable price.
“Through our collaboration with ProMedica, we are not only improving access to quality healthcare; Ohio “We also need to empower individuals to make informed decisions about their health. By cutting out the unnecessary middleman of insurance companies, we pave the way for a more efficient, collaborative approach to healthcare that empowers both patients and providers,” he said. Patrick QuigleyCEO of Sidecar Health.
“ProMedica is committed to working with health plans for the benefit of their patients and is excited about this agreement with Sidecar Health,” said Don Pilk“We are pleased to join Sidecar’s unique approach to health insurance that supports accessible, affordable and patient-centered care that aligns with the needs and expectations of our communities,” said , vice president of managed care at ProMedica.
The ProMedica-Sidecar Health agreement paves the way for other health care systems to follow a similar path in other markets. ToledoThis sets a precedent for future partnerships that prioritize accessible and affordable health care.
Media Contact:
Ethan Hertzberg
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About Sidecar Health
Sidecar Health insurance plans offer employers industry-leading major medical coverage. Our health plans are based on an intuitive, technology-enabled approach that removes barriers to care and gives members the information they need to make smart treatment decisions. Unlike traditional insurance, our members aren’t limited to provider networks, prior authorizations or prescription lists, and Sidecar Health plans have no coinsurance or copayments. We do all this while reducing healthcare costs by 20% for employers and employees.
Detail is Sidecar Health.
About ProMedica
ProMedica is a mission-based, non-profit health and wellness organization headquartered in Toledo, OhioThe organization offers acute and outpatient care, dental plans, post-acute and academic business lines. The organization includes 12 hospitals, more than 2,500 physicians and privileged advanced practice physicians, more than 1,200 providers employed by ProMedica Physicians, nursing homes, skilled nursing centers, memory care communities and outpatient rehabilitation clinics. With a mission to improve health and well-being, ProMedica is nationally known for its advocacy programs and efforts to address the social determinants of health. For more information about ProMedica, please visit: promedica.org/aboutus.
Source: Sidecar Health
