A RAND analysis found that business ownership rates jumped from 24.6% for adults just before 65 to 28% for adults just after 65, suggesting that many adults waited until they could get Medicare to start a business.
Barriers to affordable health insurance for older adults in the non-group market can prevent adults from becoming entrepreneurs. A RAND analysis found that business ownership rates jumped from 24.6% for adults just before 65 to 28% for adults just after 65, suggesting that many adults waited until they could get Medicare to start a business.[i]
[i] Fairlie RW, Kapur K, and Gates SM. “Is Employer-Based Health Insurance a Barrier to Entrepreneurship?” RAND Working Paper Series No. WR-637-EMKF. November 21, 2008. Available at: http://ssrn.com/abstract=1305280
National Coalition on Health Care
1120 G Street, NW Suite 810, Washington, DC 20005
Tel: 202.638.7151 Fax: 202.638.7166
