The US has long wait times for surgeries. We have a national nursing shortage. We have a black market for care. And you are absolutely wrong that our private profit incentive-driven American system is driving the most medical innovation. Cuba with a wholly socialized system (and an embargo limiting their trade with 80% of the world) literally cured mother-to-child AIDS transmission, something that the lack of profit incentive has let American pharmaceutical companies not even care about.No it wouldn't. Every single country with single payer have major issues that we don't have. Long waits for surgeries, long waits for emergency services, shortage on doctors, etc. Many of those countries have a black market for care as well because of those issues. On top of that, almost ALL medical innovation comes from the US. Now, granted, the largest amount of funding for research comes from the NIH, but almost all of the innovation has been improvements for the young and not the elderly because of Medicare. If we go to single payer, medical advancements would slow significantly.
Medicare for All Means Innovation for None - Reason Foundation
Public health care has little incentive to introduce new technologies and prolong life.reason.org
What we need to do is start to remove government from healthcare. That is the only way we will get affordability back as well as having great care. Having affordability back would get us close to universality.
"Affordability" is a complete misnomer. Single payer would allow the government to negotiate prices for drugs, procedures, equipment etc. directly with the manufacturers, lowering costs tremendously instead of unrestrained bloat due to insurance company's desire to squeeze as much profit out of everything as possible.