As I see it, the US spends a fortune on health, and gets a dodgy system. It's not quite the caricature Michael Moore paints, but he doesn't seem too far from the mark. Whether that is funded by companies (health benefits for employees - more red tape than in countries with universal health) or by individuals (which lowers individual risk tolerance) is immaterial. Public health works better than private health, according to all the numbers I've seen.