The high cost to self-employed workers and small businesses of the private, employer-based health care system in place in the United States may act as a significant deterrent to small start-up companies, an experience not shared by entrepreneurs in countries with universal access to health care.
Excerpted from Chart of the day: America’s surprisingly tiny small-business sector covering John Schmitt’s study claiming that the United States has the “the smallest small-business sector among wealthy countries.” I’ve often argued that a single-payer health care system would be good for small businesses but never before had evidence to back it up.
