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I don't want to say which is better or worse, but I live in a mostly socialistic country ( Belgium ) We have a "mutuelle" which is the equivalent of insurance but partially subsidised by our (very high) taxes . ( as high as 60% of our revenue ). and it kinda works.
I have a genetic defect in my kidneys, which mean I have to go to the hospital every year for a full checkup. An MRI here costs like 80€, my visits in hospitals ( 1-2 days) rarely exceeds 200€.
and my mutuelle which includes dental twice a year too costs 20€ every three months.

the most I had to wait for exams was like 1 day, And it was because it wasnt an emergency.

http://www.expatica.com/be/health_fitness/healthcare/belgian-healthcare-system-1493_8299.html I've found a link to somebody explaining better than I do. Sorry for my english, i'm a native french speaker.

I find it weird for people to go bankrupt over medical difficulties though.