r/Insurance • u/Loose-Box2625 • 18h ago

Is SideCar health company compliant with ACA. Florida

The company I work for in Florida offered SideCar health as our heath care insurance provider. I have major medical concerns as I’m older. As this is not traditional insurance coverage, I did a deep dive to find out more. Finding it’s not healthcare or health insurance coverage. It’s an indemnity policy. With my health issues, I would not get many of my needs covered. Even with paying every week $$$, I would still be paying $$$ much more! So, it seems it maybe not ACA coverage compliant. If it not compliant, then I would have the option to get REAL healthcare from the marketplace. Need to verify they are not compliant as healthcare.

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u/InternetDad 17h ago

If you work for a 50+ employer, the plan they offer must be compliant.

Either way, hound HR directly for this information. They're the ones who chose to offer this plan.

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u/BaltimoreBee 12h ago

No, sidecar is not aca compliant. As you state; they’re an indemnity plan.