The Daily Money: Why does health care cost so much in the US?
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.
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📰 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.
Those aren’t the only large vessels coming.
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.