Yes, it's U.S. specific. I don't think it will happen in the EU. The EU may go through some changes, but I feel that health care will continue to be seen as something that countries need as part of a sound infrastructure.
Unfortunately the change is inevitable, just as with pensions, because the population is aging and there isn't enough youth left to pay for it. And due to automatization or outsourcing, cheap labor is less and less needed anyway and high unemployment rates will be pretty common.
This reality in fact highlights another reality - our economic models based on scarcity don't work anymore and we need to either transcend it, maybe with technological improvements that drops the price of basic necessities, like food, energy and medical healthcare, or we're fucked.
