The NHS/UK isn't cheaper (just) because of insurance related dead weight though- they also just pay everyone less. The US Government estiamtes the total admins

The NHS/UK isn't cheaper (just) because of insurance related dead weight though- they also just pay everyone less. The US Government estiamtes the total adminstration and health insurance expenditure cost $288B in 2019. Total health consumption was $3.69T. Thats about 7.5% of total health spending. Even if you assume a 2 or 3x multiplier to the effect of eliminating insurance companies you STILL don't get US healthcare spending on a GDP basis in line with international norms. Insurance companies are awful, but they alone are not the cause of American's health care spening problems.