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Expand chart
Data: OECD; Note: Japan data is from 2015. Chart: Lazaro Gamio/Axios

The United States spends more on hospitals per capita than any other of the 36 countries that are in the Organization for Economic Co-operation and Development.

Why it matters: It's not just prescription drug prices, although the difference between what Americans pay and what other countries pay for drugs has dominated headlines. If the U.S. is ever going to lower the gap in health spending between us and other wealthy countries, it will have to address all parts of the health care system.

Go deeper

Mike Allen, author of AM
1 hour ago - Politics & Policy

Biden-Putin summit: What to expect when you're not expecting much

Courtesy TIME

After a bitter blast from Russia's Vladimir Putin and tough talk from President Biden, both sides agree: Don't count on much from Wednesday's summit.

What they're saying: "We’re not expecting a big set of deliverables out of this meeting," a senior Biden administration official told reporters on Air Force One from Brussels to Geneva. "No breaking of bread."

Florida's business travel boost

Illustration: Brendan Lynch/Axios

As post-pandemic business travel comes back, experts say Florida's reopening policies should allow it to lock in a significant share of returning corporate events and meetings.

Why it matters: There's a lot of money to be made — with a lot of people itching to travel — after the sector lost $97 billion in spending last year, according to a new Tourism Economics analysis by the U.S. Travel Association.

Workers' great awakening is about more than unemployment benefits

Illustration: Sarah Grillo/Axios

Many politicians, pundits and business owners have said pandemic-era enhanced unemployment benefits are keeping would-be workers at home. But that's a much too simplistic explanation of today's employment situation.

The big picture: Many hard-hit sectors are rebounding faster than anecdotal evidence would suggest. And when jobs are hard to fill, a broader worker awakening over the past year is part of the reason.