Commenter: the New System Actually Impedes Entrepreneurship

Commenter DFooter writes:


As an entrepreneur that has started three tech businesses in the last 15 years, I have yet to hear of anyone who chose not to go out on their own due to health insurance concerns. I think this is due to two factors: most entrepreneurs are young and don't need insurance, or they are married and their spouse has insurance (my case). Because of the individual mandate that will force everyone to have insurance, I think that, at least in the tech industry, Obamacare will decrease entrepreneurship, as the young people who start most tech companies will now have a large, unproductive and unaffordable expense in paying for generally unneeded health insurance. That cash would otherwise go towards productive business building activities.

I hadn't thought of that, but it's at least plausible that having to buy insurance if you do strike out on your own might encourage younger people to stay in the corporate nest.
Presented by

Megan McArdle is a columnist at Bloomberg View and a former senior editor at The Atlantic. Her new book is The Up Side of Down.

Google Street View, Transformed Into a Tiny Planet

A 360-degree tour of our world, made entirely from Google's panoramas

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.

blog comments powered by Disqus

Video

Google Street View, Transformed Into a Tiny Planet

A 360-degree tour of our world, made entirely from Google's panoramas

Video

The 86-Year-Old Farmer Who Won't Quit

A filmmaker returns to his hometown to profile the patriarch of a family farm

Video

Riding Unicycles in a Cave

"If you fall down and break your leg, there's no way out."

Video

Carrot: A Pitch-Perfect Satire of Tech

"It's not just a vegetable. It's what a vegetable should be."

Video

The Benefits of Living Alone on a Mountain

"You really have to love solitary time by yourself."

More in Business

Just In