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10/04/2013 News Release Image

Pace Professor Discusses Obamacare's Impact On Tech Startups

 

PLEASANTVILLE, N.Y. -- The director of Pace University's Entrepreneurship Lab in Pleasantville recently discussed the positive impact that Obamacare could have on tech startups with computerworld.com

Bruce Bachenheimer stated in the article that people often take jobs that they don't want just to obtain health insurance. If the Affordable Healthcare Act lowers insurance premiums, it would make health insurance more accessible and therefore make a tech start up less of a financial risk, according to Bachenheimer. 

Bachenheimer went on to say that most people that create tech startups are in their late 30s and not in their 20s. People in that age range are willing to take risks on a business idea, but not necessarily on their health. Since a serious illness or a car accident can't be controlled, some entrepreneurs view the unmanageable risk as too great. 

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