4.4 • 630 Ratings
🗓️ 15 January 2020
⏱️ 3 minutes
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Americans are paying more and getting less for their health care than ever before. On the new season of Prognosis, reporter John Tozzi explores what went wrong.
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0:00.0 | This is an IHeart podcast. |
0:04.1 | In our new podcast, Everybody's Business, we talk about the business news that concerns everybody. |
0:10.2 | From Bloomberg Business Week, I'm Stacey Vanek-Smith. |
0:12.9 | And I'm Max Chaffkin. |
0:14.2 | Each week, we unpack what is happening on Main Street and Wall Street, all the streets. |
0:19.9 | WrestleMania has taken over the U.S. economy. |
0:22.9 | A poetry that executives write on LinkedIn. |
0:25.4 | A little actual magic in our underrated story of the week. |
0:28.7 | The single grades marketing campaign the music business has ever seen. |
0:31.4 | I decided to ask people how they felt about the penny going away. |
0:35.5 | Listen to everybody's business wherever you get your podcasts. |
0:39.7 | American healthcare is the most expensive in the world. |
0:43.6 | Yet for all the money we put into it, |
0:45.7 | Americans are sicker and die younger than people in other wealthy countries. |
0:50.2 | In every country, life expectancy is going up. |
0:53.6 | In every country, they're spending more. But per dollar, how much is life expectancy going up? |
0:58.2 | And in the U.S., it's a lot less than in other countries. |
1:02.5 | I'm John Tazi, a health care reporter at Bloomberg News. |
1:05.8 | On the new season of prognosis, we look at how the American health care system got to this point, |
1:11.6 | and how its hefty price tag forces people to make difficult decisions in their everyday lives. |
1:16.2 | We were looking to buy a house, so we had been saving up for a down payment, and we were |
1:21.4 | thinking, like, well, one uncovered ER visit could wipe out a significant chunk of what we have as a down payment |
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