Cost isn’t the relevant factor, it’s politics. Or more accurately, naked bribery that we, for some insane reason, call “lobbying”.
Some very smart people have looked at fixing the system, and there's no golden goose (except ozempic maybe). We'll need pharmacological breakthroughs.
Also, regrettably - A LOT of medical care is unnecessary but we love grandma.
But they don't. This is clearly a pro-insurer talking point. Europe just negotiates on a state based level so therefore is able to negotiate better prices.
Right now the US governments collectively spend more than most European countries per capita on health care. The states and Feds. Totally exclusive of the private market spending. Expanding Medicare/Medicaid may be great for other reasons but does not solve the underlying cost problems in the US.
sure but neither does blaming the EU for its healthcare system as some odd mental gymnastics into twisting it into a rationale about why universal healthcare "isn't possible" in the US.
Its a choice the US makes, while creating huge deficits fighting pointless wars at the same time.
If it saves $1T, then why does it require raising taxes?
So taxes could go up $5k/yr but if I got health insurance, I'm better off.
The savings would take longer to realize because they come from better contracts, better preventative care, increased screenings etc.