Choosing to Join the Sharing Economy
The “sharing economy” that continues to make it easier for people to choose how to support themselves and their families using their own resources and time – everything from driving others to destinations in their car, making deliveries for various stores or even renting out extra space in their homes.
New studies are suggesting a link between the fast proliferation of the sharing economy and Obamacare, which makes it easier for freelancers, independent contractors and small business owners to access health insurance.
In fact, an economist who helped shape the Affordable Care Act (widely known as Obamacare), told BuzzFeed News that giving workers the ability to find health insurance that works for them, outside traditional full-time employment, was “one of the major motivations for health care reform, if not the biggest.”
We at It’s My Business couldn’t agree more that public policy should encourage people to follow their entrepreneurship dreams and choose how they want to work and build their careers.
In fact, we aren’t surprised at the fast growth of the sharing economy, which now encompasses millions of Americans. The independent contractor model provides a way for more than 10 million Americans the choice to build their own businesses, be their own bosses and enjoy work-lifestyle flexibility.
Unfortunately, too many of the rules and regulations restricting independent contracting are contradictory, confusing and confounding. It’s time to focus on what ICs really need – and make sure that public policies give them a fair chance to follow their dreams and build their own businesses.