Health care spending in the US nearly double of other wealthy nations: report

Story at a glance
  • In the U.S., health care spending made up 17.8 percent of GDP in 2021.
  • This is nearly double that of other high income countries.
  • Obesity rates are also higher in the U.S.

In 2021, the U.S. spent 17.8 percent of GDP on health care, nearly double the average of 9.6 percent for high income countries, according to a new report from The Commonwealth Fund. Health care spen...

Health care costs are the cheapest in these states

Story at a glance
  • Michigan was followed by Washington, Nevada, Hawaii, and New Mexico, respectively.
  • The report ranked South Dakota as the state with the most expensive health care costs. 
  • Rankings are based on data from the Kaiser Family Foundation. 

The cost of health care is the most affordable in Michigan, according to a new report from Forbes Advisor.

The ranking put...

The US should reform health care industry to improve life expectancy rates, study says

Story at a glance
  • The Commonwealth Fund compared U.S. life expectancy data against other large middle and high-income countries. 
  • Mississippi and West Virginia have the lowest life expectancy in the U.S., at 74 years. California and Hawaii have the highest, at nearly 81 years. 
  • Even though the U.S. spends the most on health care compared to other large nations, life expectancy rates are drastically l...

Here’s what’s in the Inflation Reduction Act, the sweeping health and climate bill passed Sunday

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Biden promotes health care proposals in reconciliation package on Medicare, Medicaid anniversaries

President Biden emphasized the provisions on health care in the health, climate and tax package that is set for a Senate vote in a statement recognizing the 57th anniversaries of the creation of Medicare and Medicaid. 

Biden said in the statement that the legislation, called the Inflation Reduction Act, will maintain the eligibility improvements to the Affordable Care Act that were included in the American Rescue Plan, which saved 13 million Americans an average of $800 p...

What the Democrats hope to do on healthcare now

Less than three days in office and US president Joe Biden has taken more executive actions than his three predecessors combined did in their first weeks. As the Covid-19 crisis would warrant, many of them have to do with tackling the pandemic and strengthening healthcare.

From requiring people to wear masks and observe social distancing on federal property to rejoining the World Health Organization, to reestablishing a team in charge of pandemic response within the National...

After trying to kill health insurance for millions, Paul Ryan now profits from medical tech

As Speaker of the House, Paul Ryan (R-WI) was best known for his repeated attempts to repeal the Affordable Care Act (commonly known as Obamacare) and take away health insurance coverage from tens of millions of Americans. Now a private citizen, Ryan is about to profit from his own legislative failures.

According to his hometown paper, Ryan has joined the board of directors at SHINE Medical Technologies. The Janesville-based company makes molybdenum-99, a radioactive isotope used to...

Retiring Congressman Duffy to rely on pre-existing condition protections he voted to repeal

Rep. Sean Duffy (R-WI) announced on Monday that he will soon resign his House seat, citing family reasons. He and his wife, Fox News contributor Rachel Campos-Duffy, said their soon-to-be born ninth child will require heart surgery soon after her birth.

On Tuesday, Duffy explained that he had made sure the child will have access to health insurance despite her pre-existing conditions.

It is laudable that the Duffy family is preparing to provide as much care as possible for a ...