Small Business Labs

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The Positive Mental Health Effects of Self-Employment

Small Business Labs

The study - The Effects of Self and Temporary Employment on Mental Health: The Role of the Gig Economy in the UK - found that gig workers are about 33 percent more likely to self-report positive traits in terms of mental health than those in traditional jobs. So it makes sense there are also mental health benefits.

Health 170
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Social Isolation - Not Just Loneliness - a Health Risk Reduced by Coworking

Small Business Labs

But according to researchers at BYU's Social Connections and Health Institute , both loneliness and social isolation lead to increased risk of health problems and early mortality.    And if you're both isolated and lonely, your health risks are even greater.    Which brings us to coworking. 

Health 194
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Stride Health's Study on Gig Workers and Health Insurance

Small Business Labs

Stride Health's Stride Study: Health Coverage in the Gig Economy  covers how gig workers access and use health insurance.  As the report chart below shows (click to enlarge), the cost of health insurance remains an issue. of all Americans remained uninsured.

Health 100
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One Health Advantage of Work Autonomy and Control May be Less Risk of Dying

Small Business Labs

According to a recent study published in the Journal of Psychology , limited work autonomy and control can lead to mental health problems and an increased risk of death.  job demands resulted in better physical health and a lower likelihood of death when paired with more control of work responsibilities."

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Freelancers Embrace Health Insurance

Small Business Labs

full-time independent workers/freelancers who report having health insurance increased from 64% in 2013 to 82% in 2015.  million more freelancers have health insurance than in 2013. The ACA makes health insurance more available, easier to buy and often cheaper for independent workers than it was prior to the ACA.

Health 100
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The Shift to Defined Contribution Health Care Plans

Small Business Labs

Like the defined benefit pension plan before it, the defined benefit health plan seems likely to be replaced by most employers with defined contribution plans.   A similar shift is happening with health care plans. These firms are providing their employees a health care stipend and access to private health care exchanges.

Health 100
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Health Care and Education Inflation

Small Business Labs

New Geography's The End of the Road for Eds and Meds argues that the health care and education industries are "at the end of their growth cycle." " I'm not as pessimistic about these industries - especially health care, where demographics favor continued growth.  

Health 100