Tuesday, December 17, 2024

Why does health care cost so much in the US?

Also: These non-U.S. countries will pay you to move! ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Tue Dec 17 2024

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money.

Let's revisit two stories from the weekend that resonated with readers.

Here is some sobering math: Americans spend far more on health care than people anywhere else, but we have the lowest life expectancy among large, wealthy countries.

A lot of that can be explained by the unique aspects of our health care system, Ken Alltucker reports. Among other things, we reward doctors more for medical procedures than for keeping people healthy, keep costs hidden from customers and spend money on tasks that have nothing to do with making patients feel better.

5 countries that will pay you to relocate

If packing up your bags and moving to a new country seems like a dream come true, then you're in luck, Kathleen Wong reports.

Moving abroad can be expensive, but many places offer foreigners money to move. In recent years, programs such as grants to settle in Tuscan villages, and Mediterranean islands that sell homes for less than the price of a cup of coffee, have presented tempting opportunities for aspiring expats. For many vacation-deprived Americans, they sound like the perfect antidote to the hustle and bustle of the U.S.

📰 More stories you shouldn't miss 📰

Nasdaq, bitcoin surge to record highs
Health insurance enrollment deadline extended
How to enforce employee attendance policies
Is it rude to re-gift?
MotorTrend's truck-of-the-year contenders

📰 A great read 📰

We're featuring favorite 2024 stories from our colleagues. Here's one from Nathan Diller!

Norwegian Cruise Line's new ship, Norwegian Aqua, towered over Fincantieri's Marghera shipyard in Venice, Italy on a recent morning. It was a mass of exposed metalwork adorned with tarps and scaffolding that loomed particularly large in the confines of its wet dock rather than the oceans where such vessels are usually found. Even under construction, the brand's first Prima Plus Class ship lives up to the category's name.

Aqua, set to launch in March, is 10% bigger than its predecessors in the line's Prima Class and accommodates about 3,600 passengers at double occupancy (though still smaller than the preceding Breakaway Plus Class). Norwegian Prima and Viva can carry just under 3,200 each.

About The Daily Money

Each weekday, The Daily Money  delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version and explaining how everything from Fed rate changes to bankruptcies impacts you.

Daniel de Visé covers personal finance for USA Today.

FILE PHOTO: A person holds a sign while standing on the roadside near the McDonald's restaurant where a suspect in the killing of the CEO of UnitedHealthcare, Brian Thompson, identified as Luigi Mangione, 26, was arrested, in Altoona, Pennsylvania, U.S. December 9, 2024. REUTERS/Matthew Hatcher/File Photo

Americans pay more for health care but don't get better results. Why? The blame goes well beyond insurance companies.

View of the coastline in the vicinity of Waterville, County Kerry, Ireland.
 

Want to move abroad? These 5 countries offer money if you move there

Moving abroad can be a lofty process, but these 5 countries offer a financial incentive to aspiring expats.

Icon of the Seas began sailing in January.
 

Here's why cruise lines are ordering more huge ships

Major cruise companies have a number of big ships on the way, but that doesn't mean the whole industry is scaling up.

The U.S. Federal Reserve Building in Washington, D.C.. For RPA.    WM/HB
 

7 Reasons the Fed is likely to lower rates despite inflation rise

The Federal Reserve is expected to cut interest rates for a 3rd straight meeting despite a recent inflation pick-up and solid economy and job market.

7. Hostile workplace protections     American workers are legally protected from being subjugated to a hostile work environment. An illegal hostile working environment is one in which an employee is specifically targetted for their race, age, sex, religion, or a disability, and the hotility is either severe or pervasive. Importantly, a hostile work environment in which general harassment occurs, such as bad   and unkind managers or employees, is not necessarily illegal.  Workers who are subjected to a hostile work environment that meets the threshold of being illegal should first ask the offender to stop. If the illegal behavior does not stop, they should document offences and escalate to the Human Resources Department. If no further action is taken, workers should seek legal representation.     ALSO READ: States With the Most Public Sector Workers
 

How to hold employees accountable for lack of attendance

Rebuilding accountability begins with a comprehensive review of your attendance policy, effective communication, and a shared commitment to success.

A gift is wrapped in Hamburg, Germany ahead of Christmas on Dec. 10, 2024.
 

Don't like a gift? Here's how to regift a present.

Don't like a gift? Is it polite to regift it to someone else?

FILE PHOTO: The Wall Street bull is seen in the financial district in New York, U.S., March 7, 2017. REUTERS/Brendan McDermid/File Photo
 

Nasdaq, Bitcoin surge to record highs. Dow extends losses to 8 days.

Big tech shares like Apple, Alphabet, Tesla and Broadcom all hit record highs, lifting the Nasdaq to one, too. Dow slips again as Fed meets this week.

A sign points the way during an Affordable Care Act sign-up event at Westside Family Healthcare's location in the Fox Run Shopping Center in Bear in 2014.    636410933476094107 Obamacare
 

CMS extends enrollment deadline for health insurance that begins Jan 1

If you missed the deadline to buy a marketplace health plan for Jan 1 coverage, you're in luck. CMS extended the deadline to Dec 18.

000 2025 motortrend truck of the year contenders alan muir design
 

See the contenders for the 2025 MotorTrend Truck of the Year award

This year's field featured a diverse mix of gas and EVs vying to take home the Golden Calipers.

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