Reaching another star? Definitely more expensive, but entirely feasible if we all got our shit together and decided it was going to happen.
Medical stuff though? Humans are complicated, and there are practically no guaranteed routes, regardless of money (currently).
We iteratively succeeded against AIDS ffs, that looked like impossible mission in 80s and 90s, we just threw more science and research on the problem. Your arguments are not that good
A more correct way to use reason is to look at all possible things that have been proposed that cost $500m, and see how those turn out in general. Then possibly weight using expert knowledge about this particular problem and the possible benefits. Then consider what the opportunity cost is, i.e., what you give up by spending $500m here instead of something else.
Trite armchair rebuttals are not convincing.