This… is a think that people believe, but it’s not as simple as that. Most basic research is universities, all over the place. Many drugs are developed in Europe. A lot of medical machinery is developed and made in Europe (Siemens, Philips and Roche are huge in this space). Like most things, med tech is fairly globalised.

This is a comforting lie Americans tell themselves to justify being ripped off.

You pay double the OECD average, and more per person for healthcare than the Swiss - and that's only counting the publicly funded parts!

This implies the US is subsidizing the world's healthcare system and sacrificing it's own citizens for the benefit of every non-American.

You're ok with that?

This doesn't make any sense. If you make a thing, the price you set for selling that thing in a country has little to do with where you happen to be living when you made that thing.