4 ms·

"Wait, entrepreneurs have healthcare costs?" Unless you're saying that the only people who should be involved in startups are the completely healthy and those

• aksss 8y ago
  What I'm saying is that among entrepreneurs (of which I'm one) that I know, most forego health insurance in the early days because it's too expensive to buy on the individual market. And yes, damn right - if you're not healthy and risk-prone at the same time, you're probably better off not walking down that road and staying under the umbrella of an employer-sponsored health plan. It's sad that health costs can be prohibitive to starting businesses, but it's a reality.
  • mancerayder 8y ago
    Self-employed consultant here (in New York). Not entrepreneur but in a similar hellscape. A 'top' ish plan on the individual market costs around 1K, which is tax deductible, and yes, usually offers lousy service thanks to a slim network and high deductible. And yes, health care costs are a barrier to entrepreneurship in this country. Agree 1000%. But how can you take such extensive personal risk for 12K a year? Accidents happen, and genes might hit the hereditary crap lottery. If you're throwing money around in hopes of making it big, there's not 12K available? A terrible thing can happen and the costs can be much much higher. I'm surprised/shocked to hear that, especially since you imply it's common. Is this California?
  • infinite8s 8y ago
    It's only a reality in places that don't socialize the cost of bad luck.