“I hope to retire early, but if Obamacare is repealed, where would I get health insurance?” Erkan Baloglu asked me at a New Year’s Eve party. To attend graduate school, he immigrated to the U.S. from Turkey two decades ago and now searches for new, potential drugs at a small, Boston-area biopharmaceutial company. Like most employers, and the vast majority of small ones, his does not offer health insurance to its retirees.
“Without Obamacare, maybe I can’t retire early,” Erkan said. This is “job lock,” the topic of my Upshot post today. Go read it.
One option available to Erkan, but not to most Americans: “I could go back to Turkey, where everyone is covered,” he said.