So? That leaves 25% that don’t, not a small number.
Of the subtypes of health insurance coverage, employment-based insurance was the most common, covering 53.8 percent of the population for some or all of the calendar year, followed by Medicare (19.1 percent), Medicaid (17.6 percent), direct-purchase coverage (10.7 percent), TRICARE (2.8 percent), and VA and CHAMPVA coverage (1.2 percent).
It’s math.
It’s not different than free trade and movement of labor and capital versus reducing that movement and how that affects total economic output.
Consider the set of all possible employment opportunities (”eo’s”)= EO.
For each “eo” in the set EO there will be some value (salary, benefits, hours, wfh, etc).
Now divide the EO set into two subsets, “eo’s” with and without healthcare:
- EOh (eo’s with healthcare)
- EOu (eo’s without healthcare)
The best value “eo” from the big set, EO, will always be better (and at worst equal) than the best value “eo” from either of the smaller sets (because the big set contains both small sets).
Yes, but the opportunity set is larger. More opportunities lead to more optimal outcomes.