Tuesday, August 17, 2010

Is our Medical Care System discouraging entrepreneurs?

I have had a number of recent contacts with young highly educated professionals who have expressed resignation that, as much as they would like to start their own business, they remain tethered to their jobs with big government or big corporations because of the medical plans. Despite all the complex efforts to make Insurance portable it isn't really because of the expense, particularly for younger folks with families.

Makes you wonder if the folks that killed a government sponsored health insurance system this last year gave any thought to its impact on entrepreneurial spirit?

Also makes you wonder if that is why, despite our efforts to get small businesses to hire people to start bringing down unemployment, it just isn't happening. Maybe there aren't enough new small businesses being formed because people see the expense or possible loss of Health Insurance as a bigger risk than they want to take on?

Are we undermining our future to protect our Edsel health insurance system? (Don't know what an Edsel is? Goggle it)

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