Others have addressed this question before (see prior post), but here’s a good piece by David Leonhardt of The New York Times on how concerns about healthcare can stifle American innovation.
In the cradle of American innovation [Silicon Valley], workers are making career choices based on co-payments, pre-existing conditions and other minutiae of health insurance. They are not necessarily making decisions based on what would be best for their careers and, in turn, for the American economy…Economic research suggests that more than 1.5 million workers who would otherwise have switched jobs fail to do so every year because of fears about health insurance. Some of them would have moved to companies where they could have contributed more, and others would have started their own businesses….Just consider the economic research showing that people married to someone with health insurance are more likely to work at small companies than people who aren’t so lucky.
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