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0 pointss73v3r_8y ago0 comments

"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 without any family or the desire to start one soon, yes.

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3 comments · 1 top-level

aksss8y ago· 2 in thread

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.

mancerayder8y 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?

infinite8s8y ago

It's only a reality in places that don't socialize the cost of bad luck.

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