Just as James said, people in the U.S. become much more likely to start a small business when they become eligible for Medicare. That’s a like benefit of Obamacare that doesn’t often get mentioned.
Tags: entrepreneurship, health care reform, health insurance, Obamacare, risk, social safety net
Posted: Sunday, October 30th, 2011 at
Tags: entrepreneurship, health care reform, health insurance, Obamacare, risk, social safety net9 Comments »
How do we distinguish Medicare eligibility from Social Security eligibility. Perhaps the small-businesses are basic income dependent rather than healthcare dependent.
Not hard to distinguish: Medicare eligibility turns from “off” to “on” when you turn 65. SS benefits are on a sliding scale; there’s no sharp penalty for retiring at 64.
Thanks Mark. Bleg and ye shall find!
I don’t see how the study distinguishes “people start new business when they have access to non-employer-based health insurance” from “people start new businesses when they retire.”
Just to say that “springboard” or “platform” are much better metaphors than “trampoline,” which suggests a certain wildness and riskiness.
Social support programs provide tens of millions of people with stable platforms, springboards to move up into the realm of productive entrepreneurial enterprises.
Well, if ObamaCare were Medicare for All, you might have a point. It has done nothing yet for my brother, the self-employed carpenter with a pre-existing congenital heart condition.
This is also a point that I heard Michael Harrington make in an address at a meeting in NYC. In about 1978. Nothing new under the sun.
Don’t you think some truths need repeating, as often as the opposing lies? Plus, of course, the evidence, the evidence.
Absolutely. Just ask my children. As for the evidence, it seems not to matter to the other half, starting with the election of 1980 or thereabouts.
[...] a spike in small business formation once people join Medicare and don’t have to worry about losing health [...]
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