Sidecar Health periodically issues research briefs on healthcare topics based on primary research it conducts or commissions.
For this brief, Sidecar commissioned a survey of 1,500 U.S. residents who lost their jobs and employer-provided health insurance during the time period of March 9 and March 27, 2020 for reasons related to COVID-19.
The nationwide survey was conducted by Pollfish from March 27-29, 2020. Respondents were screened to meet three (3) criteria to qualify for the survey. Criteria included that the respondent currently resided in the U.S. and had lost both their job position and employee-provided insurance in the three weeks prior to the survey.
The 11-question survey was delivered by Pollfish’s mobile polling service which natively integrates with partner apps to deliver surveys to real consumers in targeted demographics while they are organically engaged with the apps on their devices. Respondents are invited using a double opt-in; they confirm their interest and their proprietary backend technology collects and verifies their unique user ID to create a profile, and they join the respondent pool where they may be invited to take a survey if they fit the targeting criteria. The service has access to 685,141,519 consumers worldwide.
78% of the recently unemployed do not have health insurance (Q2)
84% are concerned (somewhat or very) about lack of health insurance coverage given the risk of coronavirus (Q10)
55% have faced challenges finding health insurance (Q4)
The biggest challenges faced by insurance seekers were high-cost (74%) and lack of options (49%). (Q5)
43% of unlikely (somewhat or very) to seek medical care while without health coverage (Q9)
Sidecar Health offers a new approach to health insurance, allowing its members to pay doctors on the spot at their discounted “self-pay” rate. To do this, Sidecar Health uses multiple data points to come up with an estimate of what procedures should cost and also displays the amount Sidecar Health will pay towards that medical service. This gives members the ability to compare prices from local doctors and pharmacies to ensure they’re getting a fair price, eliminating the issue of “surprise billing”. All members receive a Sidecar Health payment card that lets them take advantage of these discounted self-pay prices. This brings an unprecedented level of transparency and the ability to comparison-shop for medical services and Rx. Plans offered through Sidecar Health cover more than 170,000 medical services (including for treatment for respiratory viruses like COVID-19) and Rx at a price point that can be 40%* or more affordable than traditional plans. Members are able to choose a plan that fits their budget with options ranging from $5,000 - $2 million of health coverage.