A Shot in the Arm
Universal health insurance, far from suppressing entrepreneurship, could be a boon to it. The main reason for this is a phenomenon known as "job lock," a term coined during the last round of debate over universal health coverage in the early 1990s. Job lock refers to the fact that workers are often unwilling to leave a current job that provides health insurance for another position that might not, even if they would be more productive in that other ... Full Story »
Posted by Derek Hawkins
For some employees, it is not only the risk of loss of insurance, but the surety of loss of insurance. Parents of a special care retarded child are an example. Gruber focuses on entrepreneurship, but omits the personal health and happiness that would attend leaving a hated job for a more palatable job.