"... Hold prices fixed or even knock them down and suddenly we become able to afford to cover everyone ..."   Or, suddenly a lot of treatments and procedures will be strictly rationed, or just won't be offered anymore anywhere in the country, because they can't pay for themselves.  :(

Our political masters won't care.  If and when we get a system that mirrors Canada or the U.K., top government officials and retired politicians will fly off to Zurich or Singapore and get the best medical care that money can buy.  (At taxpayer expense ...)