General Discussion

johnd83

(593 posts)

42. I am working on a startup by myself at the moment

Wed Nov 21, 2012, 05:47 PM

Nov 2012

and health insurance is a huge problem for entrepreneurs. I am lucky that I have COBRA until Jan 2014. My parents and I (I am still single) were holding our breath about obamacare because I will probably have to give up and get a corporate job if it is repealed. All of these GOP talking points are nonsense about how the Obama policies are hurting small business activity. I need to have the corps paying the same tax rates as I have to as a small LLC and have startup grants available to help get over the "valley of death" for new technologies (google it). The GOP policies would crush my small tech business.

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Entrepreneurship takes a big jump at age 65. Guess Why? [View all] eridani Nov 2012 OP

Health care coverage is why hubby & I can't retire sooner peacebird Nov 2012 #1

Same here. My spouse and kid depend on my coverage too. nt SunSeeker Nov 2012 #52

Same here. n/t femmocrat Nov 2012 #59

Ditto. (I'm taking it back from limpdick) AAO Nov 2012 #67

Too easy! Employer-based health care is dragging our country to the bottom. Scuba Nov 2012 #2

Well said salinen Nov 2012 #18

+1 nt femrap Nov 2012 #30

So true!!!!! nt Tumbulu Nov 2012 #44

Yep! n/t loudsue Nov 2012 #48

US Healthcare system is a joke to the rest of the world. nt RiverSong Nov 2012 #49

I'm glad there's a study on this caraher Nov 2012 #3

Of course it does! annabanana Nov 2012 #4

This should be so mind-numbingly obvious that even Republicans can't deny it. trotsky Nov 2012 #5

If Republicans can deny Evolution and Global Warming, they can deny this. JustABozoOnThisBus Nov 2012 #7

mind-numbed salinen Nov 2012 #19

so true !!! (nt) Tumbulu Nov 2012 #45

I actually started my business (very part-time) at 53 quaker bill Nov 2012 #6

That's quite interesting. That's a lot of my motivator now. aletier_v Nov 2012 #8

If it were not for my military health care fasttense Nov 2012 #10

That is me. I'm 58. I'm in essence a serf....tied to my job for ins. coverage. Honeycombe8 Nov 2012 #9

At 58, a Better Job is Highly Unlikely PrMaine Nov 2012 #14

Thanks for the advice. Yes, I'm hanging in there. That's why it's so important... Honeycombe8 Nov 2012 #16

Getting Insurance PrMaine Nov 2012 #24

True rational_pi Nov 2012 #11

I think that's a tad oversimplistic. shawn703 Nov 2012 #12

True--SocSec is also a helpful backup eridani Nov 2012 #13

People aren't eligible for Social Security until 66 now. jeff47 Nov 2012 #17

No, they're eligible at 62 DavidDvorkin Nov 2012 #29

Yes, as I said in my post about retiring early. jeff47 Nov 2012 #33

That's not fraud. You don't have to be retired to start taking SS. DavidDvorkin Nov 2012 #36

Only if they aren't very successful. jeff47 Nov 2012 #37

Sure, and I was subject to that for a while DavidDvorkin Nov 2012 #38

I suspect that the majority would rather delay taking SS and get more for the rest of their life. nt jeff47 Nov 2012 #39

Ideally DavidDvorkin Nov 2012 #40

Considering that most small businesses take a while to turn a profit mythology Nov 2012 #55

OK, I read that, but have no idea wtf it means. femmocrat Nov 2012 #60

Depends on when you were born. I'm of the slice that already had our age raised to 67. n/t Egalitarian Thug Nov 2012 #65

Correct. Obviously it's because of retirement age... JackRiddler Nov 2012 #57

Also you will note from the story that "entrepreneurship" begins to rise at 55, Egalitarian Thug Nov 2012 #64

It's also when they have to deal with Turbineguy Nov 2012 #15

I've been saying this for years. The #1 barrier to entrepreneurship is lack of health insurance. yardwork Nov 2012 #20

I have also been saying it for years Tumbulu Nov 2012 #46

I don't understand why it isn't obvious to everybody, too. A huge number of people don't get it. yardwork Nov 2012 #54

Like I said to a coworker, just imagine a nation where people have free health care, then imagine Javaman Nov 2012 #21

Of course. Been saying this for years. Nobody with a job closeupready Nov 2012 #22

Health insurance is one reason, for sure. MineralMan Nov 2012 #23

A third reason is that by 65ish, people have acquired the skills to strike out on their own Kber Nov 2012 #25

al gore tried to tell people that. mopinko Nov 2012 #26

exactly! shireen Nov 2012 #27

If I could be assured of health care for me and my family... mwooldri Nov 2012 #28

I started my own health and nutrition distributorship in August AND I LOVE IT Samantha Nov 2012 #31

Corporate America does not want "Entrepreneurship" ThoughtCriminal Nov 2012 #32

Exactly correct Duer 157099 Nov 2012 #34

You win the thread. ElboRuum Nov 2012 #62

"... We were concerned about other confounding factors that might lead to shifts in jtuck004 Nov 2012 #35

Americans also retire then jmowreader Nov 2012 #41

I am working on a startup by myself at the moment johnd83 Nov 2012 #42

I've long said that tying health insurance to a company undermines entrepreneurship RainDog Nov 2012 #43

There is going to be an entrepreneurship boom in 2014 Politicub Nov 2012 #47

Duh! My story completely radhika Nov 2012 #50

i`m thinking about going back into the reupholstering business madrchsod Nov 2012 #51

How to MASSIVELY increase entrepreneuship in ALL age groups: Universal Medicare for All ! Faryn Balyncd Nov 2012 #53

Well yeah, even Republicans know that. JoeyT Nov 2012 #56

It's so sad to see America falling behind on the health care front. limpyhobbler Nov 2012 #58

We've been steadily losing ground for 30+ years. Our powerful propaganda machine has Egalitarian Thug Nov 2012 #66

Doesn't shock me in the slightest. ElboRuum Nov 2012 #61

Same here but I have 20 years to go left lowrider Nov 2012 #63