Americans are much more likely to have trouble paying medical bills or getting a quick appointment with a doctor than their peers in 10 other high-income, industrialized countries, according to a new study.
Even Americans with insurance are more likely to forgo care because of high costs and to struggle to pay big bills, according to the survey, conducted by The Commonwealth Fund. And the United States spends far more on MORETami Luhby - Nov 14, 2013 5:00 AM ET
Don't be surprised if you're shelling out more for health care on the job next year.
After several years of relatively moderate spending increases, health care costs are set to jump in 2014.
Employees will spend just under $5,000 on premiums and out-of-pocket expenses next year, according to new research by Aon Hewitt, an employee benefits administrator. That's up 9.5% from the year before.
This is because overall health care spending will increase MORETami Luhby - Oct 22, 2013 5:00 AM ET
Want to earn some cash? Create a video explaining why younger Americans need health insurance.
The Obama administration is doling out $30,000 in cash and more than 100 prizes in a video contest aimed at attracting young people to the Obamacare insurance exchanges. This demographic is considered key to the exchanges' success because the young are usually healthier than the general population. Their enrollment will help lower premiums for everyone.
The government MORETami Luhby - Sep 12, 2013 5:05 PM ET
The nation may be in better economic shape, but that doesn't mean Americans' paychecks are.
Median annual household income has fallen 4.4% to $52,098 in the four years since the economic recovery began.
Black Americans took the biggest income hit since the Great Recession ended.
Median household income for blacks dropped by more than $4,000 to $33,519. Whites, on the other hand, saw their median income slip just over $2,000 to $58,000.
Married couples MORETami Luhby - Aug 22, 2013 10:42 AM ET
You might think you're working harder, but more employees now have access to paid time off from the job than two decades ago.
The share of employees with access to paid sick time, personal days and family leave, as well as bereavement days and military leave, has risen substantially since 1992-1993, according to the Bureau of Labor Statistics. The prevalence of vacation days slipped a bit, however.
"The type of leave is MORETami Luhby - Aug 15, 2013 5:00 AM ET
Getting ahead in America has a lot to do with where you live.
Many communities in the United States, particularly the Southeast, have low economic mobility, a new study from researchers at Harvard University and University of California, Berkeley, found. But people living in communities in the northern Plains and Rocky Mountain states are more likely to rise higher.
Take a household in Greenville, Miss. in the 25th income percentile. Their children MORETami Luhby - Jul 24, 2013 6:00 AM ET
It pays to be the CEO.
The economic recovery has lifted the pay of chief executives back to pre-recession times, at least compared to the average worker in their industry, according to a new report from the Economic Policy Institute.
CEO-to-worker pay ratio is back up to 273, after falling to 193 in 2009.
Average CEO compensation was $14.1 million in 2012, according to EPI. The organization looks at the chief execs of MORETami Luhby - Jun 27, 2013 10:53 AM ET
Do you plan to remain uninsured next year and just pay the penalty? CNNMoney wants to hear from you.
Under Obamacare, all Americans must have health insurance starting in 2014 or face a penalty. The flat fee next year is $95 per adult and $47.50 per child, up to $285 per family. Or the penalty could be 1% of family income, if that results in a larger fine. So a person MORETami Luhby - May 29, 2013 4:39 PM ET
The unemployment rate of immigrants fell to 8.1% in 2012, the same as the jobless level for people born in America. This marks the first time in several years that immigrants have not had a higher jobless rate.
As Congress debates immigration reform, the work experiences of those born outside this country grow in importance.
Still, the overall unemployment rate of immigrants masks differences between the races. Foreign-born whites, for instance, have MORETami Luhby - May 24, 2013 7:42 AM ET
Americans spend more on their Fidos and Fluffies each year than they spend on booze or men's clothing.
People shelled out an average of $502 annually on their pets in 2011, according to the Bureau of Labor Statistics. That compares to the $456 they spent on alcohol and $404 they spent on men and boys' clothes.
Just pet food alone cost the average household $183 -- which is more than folks spend MORETami Luhby - May 21, 2013 10:44 AM ET
Poverty is growing faster in the suburbs than anywhere else in the United States, soaring 64% over the past decade.
That was more than twice the growth rate of the urban poor population, according to the Brookings Institution, which released a book Monday titled Confronting Suburban Poverty in America. There are now almost 16.4 million suburban residents living below the poverty line, nearly 3 million more than in the cities.
The MORETami Luhby - May 20, 2013 8:00 AM ET
Nearly 12% of student loans are at least 90 days delinquent, according to new federal data. But borrowers in some states are having more trouble paying their loans than their peers elsewhere.
West Virginia has the highest share of delinquent loan balances, at 17.8%, while South Dakota has the lowest, at 6.6%, according to the latest quarterly data from the New York Federal Reserve Bank.
Related: Class of 2013 grads average $35,200 MORETami Luhby - May 17, 2013 8:04 AM ET
Thinking of retiring early? Hope you have a lot socked away for medical expenses.
That's because health care costs can add up quickly when you aren't yet eligible for Medicare, which kicks in at age 65.
Someone who retires today at age 55 will spend an average of $119,600 over the next 10 years on insurance premiums and out-of-pocket expenses, said Dale Yamamoto, who authored a report on medical spending on behalf MORETami Luhby - May 16, 2013 11:05 AM ET
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