9.2% Unemployment? Blame Microsoft.

Re:9.2% Unemployment? Blame Microsoft. by tomkarlo on Monday July 18, 2011 @08:52PM (#2779118)

This is so true... if you don't have a spouse whose coverage you can utilize, the cost of health insurance is prohibitive, ESPECIALLY for anyone over 30 who has a spouse and kids. At that point going without insurance (as I did when doing a startup, and so many other entrepreneurs I've seen do) is not just risky, it's irresponsible and foolhardy. Taking financial risks to start a business is fine - but you shouldn't have to risk your health and your family's health.

If the government wants to see more people starting new businesses and taking risks, it needs to remove the HUGE disparity in healthcare costs between working for a large corporation and going solo. There's just no reason it should exist.

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Re:9.2% Unemployment? Blame Microsoft. by usaar333 on Monday July 18, 2011 @09:19PM (#2779190)

Out of curiosity, what is the large source of the disparity? I was aware you don't get as nice of a tax break (though that will become irrelevant when you are making no money). Individually, I'd be surprised if your family had to pay over $1,500 a month for everyone, which is pretty comparable to group rates.

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Re:9.2% Unemployment? Blame Microsoft. by AlisdairO on Tuesday July 19, 2011 @04:58PM (#2783043)

IIRC employer-bvased healthcare in the US is more heavily regulated, and allows for coverage of pre-existing conditions and so on.

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Re:9.2% Unemployment? Blame Microsoft. by bzbarsky on Monday July 18, 2011 @10:12PM (#2779305)

It's not that uncommon for the employer to pay part of the group rate, as far as I can see.

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Re:9.2% Unemployment? Blame Microsoft. by usaar333 on Monday July 18, 2011 @11:43PM (#2779528)

Oh quite true, but then you can view it is salary. e.g. you aren't quitting a $80,000 a year job to do a startup; you are quitting a $100,000 a year job to do so.

(I find it hard to accept that a lack of free health insurance is keeping that many would-be entrepreneurs at their day jobs any more than a lack of free housing is. If you have some form of disease that keeps you from getting insurance, I completely sympathize (and I believe the health care law will solve that issue), but for most people it is just another cost to consider before leaving - like housing, transportation, etc.)

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Re:9.2% Unemployment? Blame Microsoft. by muhfuhkuh on Tuesday July 19, 2011 @12:35AM (#2779622)

Housing and transportation can't bankrupt you (unless it is some crazy circumstance that is so rare that most people can't possibly fathom). You can walk away at anytime from your home or have your car repossessed. You simply cannot walk away from your chemotherapy unless you want to die.

If we can somehow find a way to rein in costs of health services (perhaps by disincentivizing supplier-induced demand through price ceilings in both malpractice awards AND gasp healthcare service price controls a la Singapore, Japan, or Switzerland), we can get further away from our dependence on large corporations to employ everyone.

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