In a recent post, I argued that Obamacare – a.k.a. The Affordable Care Act – improves the economic marketplace because it levels the playing field, between employers who do and do not offer health insurance to their employees.
Now comes a new study contending that Obamacare also improves the marketplace, by promoting entrepreneurship. I thought I would share a link to that study here:
The Affordable Care Act, otherwise known as Obamacare, could encourage 1.2 million people to leave steady jobs and strike out on their own, according to a report released in May by the Center on Health Insurance Reforms at Georgetown University, the Robert Wood Johnson Foundation, and the Urban Institute. The reasoning the three think tanks gave for their bold prediction was simple: The availability of low-cost health plans for all will unshackle would-be entrepreneurs from a phenomenon known as “job lock,” where people feel pressured to stay with less-than-optimal employers solely so they can hold onto their health benefits… (Read more here)