The Real Power of Health Insurance Health insurance isn't a nice perk, it's a requirement for anyone choosing to go it alone as an entrepreneur.
By J.D. Roth •
Opinions expressed by Entrepreneur contributors are their own.
As business owners, we tend to view health insurance as a nice perk to offer employees. But it's not a perk. It's a requirement for anyone choosing to go it alone as an entrepreneur.
One thing that people--and I'm one of them--seem to forget when it comes to moaning about the escalating cost of health insurance is that we're buying a safety net.
Other types of insurance help rebuild a house after a fire or buy a new car when the old one is demolished. But something strange happens to our interpretation of insurance when it comes to healthcare: We use it to pay for medical visits to deal with runny noses. This is akin to billing your auto insurance to fix a radiator hose.
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