The Clark Howard Podcast

12.18.24 American Healthcare Needs A Full Rethink / New Employment Challenges

7 snips
Dec 18, 2024
The shocking murder of a health insurance CEO has ignited a fierce debate about the flaws in the U.S. healthcare system, exposing issues like hidden pricing and lack of choice. Discussions also focus on the urgent need for consumer empowerment and transparency to address rising costs and denied care. Additionally, the podcast delves into the current employment landscape, highlighting how long it takes workers to find new jobs and offering tips for navigating the job market. Practical advice on savings and retirement planning adds further value.
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INSIGHT

Healthcare System Dysfunction

  • The U.S. healthcare system is flawed because patients aren't the primary customers.
  • Third-party payers, like employers and the government, make decisions, creating dysfunction and cost issues.
ADVICE

Handling Car Company Bankruptcy

  • If your car company goes bankrupt, keep driving the vehicle if you can afford it.
  • Repossession has severe financial consequences, especially with significant depreciation, like with the Fisker.
ADVICE

Legal Help for Elder Scams

  • Consult an elder law attorney if your elderly parent is being scammed.
  • They can offer wider legal protection than a general practice attorney, especially regarding mental capacity and finances.
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