Well, in any other developed country, there is no such thing as people going bankrupt because they were trying to pay off their medical expenses. Other countries are able to cover their entire population, keep medical costs low, and still have high patient satisfaction and above average health outcomes.

However, when you put money into something, that means you are taking it out of or away from something else. Other developed countries are experiencing deficit because of their healthcare system. There is little funding for research, or for modernizing hospitals. There is little funding for medical technology. Ultimately, this means that care is rationed to a certain extent. Waiting times are longer. High-level procedures are not readily available.

In the end, if you take away a country's culture and environment--it doesn't matter if we are an individualistic society or a utilitarian one--it all comes down to whether we can budget wisely. Eliminate unnecessary costs. Strive to improve the efficiency of the system. Basically, cut out all the bull. Set a baseline for basic care, and move up from there. Negotiate with corporations and manufacturers for the best cost possible. Set a cap on how much insurance companies can make. Put a heavy tax on market items that are clearly proven to deteriorate consumer health, such as tobacco/cigarettes. Create new legislation to better monitor malpractice. These are all ways to save money. Can we budget wisely? That's something we need to really work on.