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The Affordable Care Act: Improving Incentives for Entrepreneurship and Self-Employment
(Credit for reference to this article goes to Rep. Blumenauer (D-OR-3rd District) )
Thus, an increase in business ownership at age 65 would be expected if access to adequate, affordable coverage is a constraint in pursuing self-employment.
They find that the increase in probability of owning a business once an individual reaches age 65 represents an increase of 13 percent of the mean probability.
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Conclusion
Research evidence of pre-reform job lock and empirical research demonstrating a significant increase in self-employment because of significant health care reforms or availability of Medicare benefits, strongly suggests that the level of self-employment in the United States will increase as a consequence of full implementation of the ACA. Taking into account the most recent findings in the economic literature on this topic, we make a rough estimate that the number of self-employed individuals will increase by about 1.5 million, a relative increase of more than 11 percent.
(Credit for reference to this article goes to Rep. Blumenauer (D-OR-3rd District) )