Or were you speaking purely in terms of the US? Because the rest of the industrialized world is doing fine with healthcare, on costs and otherwise: Even MEXICO has universal public healthcare. Sure, you dare not drink the water, but the same applies in Flint, Michigan; the difference is that Michiganders are not guaranteed treatment if they develop lead poisoning. Is Canadas healthcare system going bankrupt? Or Frances? Outside the US, the only developed country I know of having trouble is the UK, where recent Tory decisions to reduce National Health coverage and let private insurance pick up the difference, while demanding doctors work 7 days/week, is failing miserably.

The moral seems to be, as it proved with Social Security, public education and Medicare, that laissez-faire capitalists are not only unwilling, but pathologically and fundamentally UNABLE to administer even a stunted welfare state. The best way to "insure" government fails is to let people convinced government MUST fail run it: Then it becomes a self-fulfilling prophecy.