Private healthcare makes industries less innovative. It's time for change
5 hours ago
- Nearly 1 in 4 American workers stay in unwanted jobs due to employer-based health insurance, a figure rising to 41% for those with chronic conditions.
- Private healthcare suppresses wages and working conditions by reducing workers' mobility and employers' incentive to improve.
- Job lock prevents innovators from leaving to pursue new ideas, stifling industry innovation, especially in sectors like news.
- Universal healthcare, like the UK's NHS, removes fear of medical bills, improves health, and promotes innovation by enabling career mobility.
- Even libertarian think tanks acknowledge employer-sponsored health insurance creates coverage gaps and reduces income mobility.