Your Money, Your Vote: Making Healthcare More Affordable

WSJ Your Money Briefing

The Wall Street Journal

Business News, News

4.1 • 1.7K Ratings

🗓️ 6 October 2024

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

In the fourth and final episode of our series “Your Money, Your Vote,” we delve into the presidential candidates' plans to reduce the cost of healthcare. In 2022, U.S. healthcare spending averaged nearly $13,500 per person, and it’s projected to keep rising. We also examine Vice President Kamala Harris’s and former President Donald Trump’s positions on drug prices, the Affordable Care Act and reproductive healthcare. J.R. Whalen hosts. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Robert Halfe research indicates 9 out of 10 hiring managers are having difficulty hiring.
0:06.0	Robert Half is here to help.
0:08.0	Our recruiting professionals utilize our proprietary AI to connect businesses with highly skilled talent.
0:14.7	At Robert Half, we know talent.
0:17.1	Visit Robert Half.com today. Here's your money briefing for Sunday, October 6th. I'm J. R. Whelan for the Wall Street Journal.
0:31.0	This is the fourth and final installment of our special series,
0:34.9	Your Money, Your Vote.
0:37.0	Today we're focusing on how the 2024 presidential candidates
0:40.8	say they'll tackle the rising cost of health care.
0:44.0	In 2022, U.S. health care spending reached $4.5 trillion,
0:49.0	averaging nearly $13,500 per person, and it's projected to keep rising according to national health
0:56.0	expenditures data.
0:58.1	Rising costs can make budgeting for care difficult, especially since patients can often be in the dark about the price of their health care
1:04.9	treatments ahead of time.
1:06.9	People like Jasmine Duran, she's 28 years old and lives in Arizona.
1:10.9	She gave birth to her child a year ago and needed to undergo fertility treatments
1:14.6	leading to some surprise bills. We had to do like all of these other treatments in
1:19.9	such a long process that all had co-pays for every single time I came in of like
1:24.2	$50 literally every single visit and I was there on like a weekly basis getting
1:28.0	different treatments done. And figuring out what her bill would be at the end of
1:31.7	it was tricky.
1:33.0	Our total bill for the hospital luckily ended up being $5,000 for me and $3,000 for my daughter.
	...

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