This type of article allows people to indulge in righteous indignation and feel morally superior to the dirty capitalists — but it largely misses the point. The excessive spending in our healthcare system is mostly for treating chronic conditions caused by lifestyle issues: substance abuse, over eating, lack of exercise, junk food, lack of sleep, etc. Taking profits out of the system won't solve that fundamental problem. Other countries with socialized healthcare systems are perhaps more efficient and cost effective but they're facing similar systemic problems as their populations age, just on a longer time horizon.