Even with a "gold level" insurance plan we ended up spending around $4,000 for an accident that occurred on campus that required an ambulance to the University hospital (1 mile away) and about 4 hours in the emergency room to get stitches and confirm that a head injury was not a concussion. It's hard to visualize how much money has been legally stolen from the American people over the last few decades due to the giant scam that is the health insurance industry. The combined salaries of every single doctor in America could be paid for with 8% of what we spend on healthcare every year. If you add in the salaries of nurses, pharmacists, drug researchers, etc. it's probably under 25% of what we pay. Unfortunately there are literally millions of middlemen and unnecessary administrators who soak up a very large percentage of healthcare spending without really doing anything.
Canada and Australia spend less than half as much per capita as we do on healthcare despite having similar levels of GDP per capita and better average life expectancies. If the US could save 50% on healthcare we could probably solve climate change single-handedly. This is not even an exaggeration, it's an illustration of just how much we spend on healthcare.