How does any of this article have anything to do with America specifically?
Getting off the ground with a small business in America stinks in a lot of ways. Taxes are high and health insurance is really expensive when you have to cover it yourself.
Getting off the ground with a small business in America stinks in a lot of ways. Taxes are high and health insurance is really expensive when you have to cover it yourself.
Normal health insurance like employer provided (or universal healthcare) is the healthy paying for the sick, which while altruistic is what's actually expensive.
If we want to encourage people to start new businesses, some form of universal healthcare would be a massive catalyst. Starting a business is never going to be risk-free, but there's a big difference between risking your retirement or even your house and risking the health of your child.
For example, if you are in your 40s the cheapest (bronze level $10k deductible) plan is around $500-$900 a month. Are you maybe talking about a family plan (which allows for about $20k deductible)? But that would be significantly more than $100/month.
Sorry, do not mean to come off as combative, just trying to understand what I am misunderstanding.
Edit: to clarify, federal regulations do not allow an individual to have a plan with a $20k deductible that I am aware of.
Not necessarily, often it is much less.
t. I am a partner in an L&H insurance agency.