Of course there's a European style in contrast to the American style.. Single payer coverage governed by a government/quasi-government body with no profit taking and rates for drugs and care negotiated by the payer. Some have free point-of-service care, some have copayments, some have private insurance or supplemental insurance but the contours are the same.

There are dozens of huge pharma companies in Europe inventing life-saving drugs with plenty of profits to go around, this conceit that we need to price gouge Americans to pay for Research while the same firms spend more on marketing than R&D is just the dumbest thing.