Ask HN: Would Single Payer be Good for Startups?
I've seen discussion of this point in the comments many times. I myself wonder about the anecdote of the person who can't join a startup or form a startup because they depend on their health insurance (kids, family, chronic diseases like diabetes, for example). I'm not sure how often this situation occurs, but I have heard people of all stripes say something to the effect of "I'd start a business if I could have healthcare for me or my family" or "If you're going to start a business, I hope your spouse has a good healthcare policy." I can't help but feel this is a big issue, but I don't know how big the impact of lack of healthcare portability is in the US.
So my question to HN is two-fold: Is lack of healthcare for those starting a business (or joining a bootstrap-py startup) a real inhibitor to innovation and access to good talent in startups? Secondly, would single payer be a good model to alleviate these negative effects? If not, what do you think might be a good compromise in this direction, granted it is a real problem?
2 comments
[ 0.28 ms ] story [ 12.9 ms ] threadSingle payer or not is not a significant factor in the success of a startup. If it were then single-payer countries would be enjoying a decided advantage against the US, which they're not. If a potential founder is seeing a lack of insurance as a barrier to entry, then it's likely that potential founder does not have the fortitude to survive creating a new company.
We can do better than that. Here are some entrepreneurs explaining what they love about single payer:
http://biznik.com/articles/the-canadian-healthcare-experienc...
http://www.shindigital.com/blogpost/18
Here's an MIT economist explaining how "job lock" resulting from the need to maintain health insurance cripples the American economy and entrepreneurship:
"The type of universal health insurance coverage policy proposed by President Obama will clearly promote the freedom of workers to leave their jobs to start new companies. By solving a major impediment to mobility in the U.S. labor market, a larger government goes hand in hand with more business development. The next John Galt may owe a debt of gratitude to this pioneering effort in universal coverage."
http://www.washingtonmonthly.com/features/2009/0905.gruber.h...
Here's INC magazine touting Obamacare (not single payer, but infinitely better than what "the market" has given us) as good for entrepreneurs:
http://www.inc.com/kimberly-weisul/affordable-care-act-and-e...