And we should want to emulate any European economy because . . . ? Our health care system worked fine prior to the government intervention beginning in 1965. My blue collar parents took out their wallets and paid for medical care without health insurance. The gargantuan middle-man industry of bean counters and shake down artists that have resulted from that gov’t intervention, including torte lawyers, is what has made the cost unaffordable.
That's part of it. There's also the cost of innovation and advancement. If we were still routinely bleeding people as a form of treatment costs wouldn't be too high.