healthcare

Once an obscure health care company, Crossover Health, has netted some of the biggest names in technology. And its new venture with Amazon is about to make it even bigger.

The San Clemente-based startup netted $168 million in Series D funding just this week, and its burgeoning success speaks to a larger trend that could change how U.S. health insurance is done.

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Insurance tech company Sidecar Health raised $120 million in a Series C funding round led by Drive Capital. The latest infusion of funds bumped its valuation up to $1 billion.

The insurance plans let customers see any doctor they wish and pay upfront for services using a Sidecar Health Visa card. A spokesperson for the company told dot.LA in August that Sidecar Health's customers include families, small business and people over 40 — even though the startup initially set out to target millennials.

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Ten years ago, GoodRx CEO Doug Hirsch walked into a pharmacy on Wilshire Boulevard with a prescription that would've cost him $500.

"It seemed outrageous," he said on Tuesday during a wide ranging discussion with dot.LA managing editor Rachel Uranga at the dot.LA Summit.

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