Healthcare is something that needs to be socialised just as road-systems and transportation does.
I would agree with this. The problem is Americans are not getting the same 'socialized' medicine the rest of the world has. What Americans are getting is business as usual- only now a person is forced by law to buy the same broken product we already have in place.
At least in European, and I believe, the Canadian systems (correct me if I'm wrong, Simon), the government takes and active and aggressive role in keeping costs down and negotiating the best deals with pharmaceutical and medical device companies.
The USA currently spends 17% of it's GDP on healthcare while Europe and Canada spend half that. As was correctly observed by jgnat showing the health graph, sadly, the USA ranks 33rd in the world in terms of actual health, often embarrassingly behind countries considered nearly Third World. Perpetuating the same system without implementing massive change will only continue the cycle while costs escalate.