That was very interesting.
I tend to keep out of these threads because I get rather silly comments but just from an Australian point of view.
I have public and private health care. I cannot opt out of the public system and if I go to a public hospital for say an emergency procedure it is 'free' no matter the cost but if I need elective surgery, say a new hip, I join a queue in the public system. My private health insurance negotiates with private hospitals and the medics who access them for competitive prices, as said in the video. I am restricted in which private hospitals I can go to, in Adelaide there are I think seven I can go to, there is no queue no waiting time, my hip replacement would be done ASAP. Adelaide BTW has a population of 1.5 mill so seven isn't bad. So there is no waiting time, it costs me nothing my insurance covers it.
A case in point, when my wife was injured she went to a private rehab hospital for a year, it cost me nothing. There was no change to my fees and I just sent the bills to my insurer and they dealt with it, no questions nothing.
My private health insurance costs me about $1600 a year.
I put some of my patients on immunotherapy for cancer, it costs $20,000 a shot, they are on it for a year minimum. It costs them nothing.
I have just had my 6 month E implant, it cost me $61.50 with 2/3 of that paid back by the government.
No we are not perfect, but it sounds a lot better than the USA system.
Oh and my patients receive exactly the same standard of care that anyone in the world would get, no matter the country.