As a percentage relative to healthcare maybe (say $10 generic drugs instead of $2) but if you are getting $100k more a year who cares ?
Australia has a hard cap on how much you can be charged for. I lived in the US when I was a teen under the most gold plated of plated plans and after a protracted hospital stay that was over $2m we still have over $100k that was not covered after the company lawyers spent months fighting with the insurance lawyers. Things have only gotten worse since then.
In Australia the same thing cost $2k out of pocket.