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Hacker News·5 min read·medium

Private healthcare makes industries less innovative. It's time for change

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Private healthcare makes industries less innovative. It's time for change
✦AI Summary

The author argues that the US employer-based healthcare system discourages labor mobility and stifles innovation by trapping workers in jobs for insurance coverage. The piece advocates for systemic change, citing the benefits of socialized healthcare models.

Why it matters

This addresses the intersection of economic policy, labor rights, and healthcare, which are central to the current American political and economic discourse.

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1 in 4 American workers stay in their jobs because of the healthcare. It suppresses wages and working conditions - and prevents innovators from heading out on their own.

Link: Staying in a job for the health insurance? About 1 in 4 Americans do, a survey says, by Joseph Kim at NPR

This is a striking , but not necessarily surprising, figure from a new survey by the West Health-Gallup Center on Healthcare in America:

The figure rises to 41% of people with three or more chronic health conditions. The figure has risen wildly in part because Affordable Care Act subsidies were allowed to expire.

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