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The Affordable Care Act: Improving Incentives for Entrepreneurship and Self-Employment
Analysts estimate that 1.5 million more people will launch their own business and become self-employed because of key provisions in the Affordable Care Act (ACA) that will make purchasing high-quality insurance on the open market more accessible and affordable. Significant barriers to coverage will be eliminated through Medicaid expansion, coverage for preexisting conditions, and other assistance such as federal tax credits, enabling more people to start their own business without the risk of being denied coverage or not being able to afford premiums. The report is accompanied by an infographic detailing how many more people will be self-insured in nearly every state once the ACA is implemented.
Resource Details
Date: Jun 2013
Author: Urban Institute