Respectfully, is there any reason to think that the US government would actually do this, based on past behavior? Government spending is famously wasteful, both parties spend like it's going out of style when it aligns with their interests, government debt continues to explode, and spending continues to grow year-over-year effectively unchecked. I may just be overly cynical here, but I don't think that responsible spending is the primary election issue for hardly anyone today.
Insurance companies are not subject to FOIA requests like the government. People tie Medicare to the Government, why would this be different?
==A single negotiator will likely only make pricing more opaque==
Not sure it's possible to be more opaque than today. All of the other country's who do it this way have far more transparent pricing than the US, so I'm not sure I buy this reasoning.
American politicians are not elected by voters or citizens, they're elected by contributors. This unhinging is either a root or partial cause to many problems.
I can think of two. First, so they can spend the money on other things they want (military, social security, education, etc.). Second, is so they can get re-elected by those same citizens.
==There is no way to tell if the price we are paying is at all good value for money compared to what it could cost.
We could look at the dozens of other developed countries who work like this, should give us some clues.