Administrative costs make up a much larger share of health care spending in the U.S. than in other high-income countries, according to a new analysis by the Center for American Progress.

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Adapted from a Center for American Progress chart; Chart: Axios Visuals

The big picture: In 2016, we spent 8.3% of our health care dollars on administration, while the next-highest spender — France — spent only 5.7%.

  • This is at least partially because of how complex and fragmented our health care system is.

By the numbers: Of the $496 billion spent a year by health insurers and providers on billing and insurance-related costs — and then passed on to consumers — CAP estimates that $248 billion is unnecessary.

Go deeper: The unique problem with U.S. healthcare

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Post-debate poll finds Biden strong on every major issue

Joe Biden speaks Friday about "The Biden Plan to Beat COVID-19," at The Queen theater in Wilmington, Del. Photo: Drew Angerer/Getty Images

This is one of the bigger signs of trouble for President Trump that we've seen in a poll: Of the final debate's seven topics, Joe Biden won or tied on all seven when viewers in a massive Axios-SurveyMonkey sample were asked who they trusted more to handle the issue.

Why it matters: In a time of unprecedented colliding crises for the nation, the polling considered Biden to be vastly more competent.

Bryan Walsh, author of Future
5 hours ago - Science

The murder hornets are here

A braver man than me holds a speciment of the Asian giant hornet. Photo: Karen Ducey/Getty Images

Entomologists in Washington state on Thursday discovered the first Asian giant hornet nest in the U.S.

Why it matters: You may know this insect species by its nom de guerre: "the murder hornet." While the threat they pose to humans has been overstated, the invading hornets could decimate local honeybee populations if they establish themselves.