People also seem awfully confused about how much the government currently spends on healthcare: the US government currently spends roughly as much per-capita on healthcare as socialized systems that cover the entire cost of healthcare for their citizens, and have better measured outcomes.

The crippling healthcare costs borne by individuals entirely consist of rent-seeking. It's also important to say that a lot of that money comes back out in salaries for the massive workforce required for the unnecessary administrative overhead, adding to the economy, and of course in non-imported luxury goods purchased by the rent-seekers themselves.