There is a fundamental difference between the medical care system in the US, and the medical care available.

All of us elsewhere in the world benefit greatly from the medical care that is available in the US. The "for profit" emphasis in the US has resulted in tremendous advancements, that have spilled over to benefit much of the rest of the world.

Unfortunately, it is difficult to pay for a "for profit" system, unless one is quite wealthy, or unless the costs are shared between a great many people.

Various parts of the world approach the problem in a variety of different ways. Most who have a medical system have elected to share that cost publicly, at least to a certain extent - including the US (Medicare). The amount of public involvement varies greatly.

PE refers to the fact that people travel to the US to obtain medical treatment - and they do.

And many people (in particular seniors) travel from the US to Canada to do the same - because our medical system controls the price of drugs, thus making them far cheaper in many cases than in the US, even when one takes into account that those people need to pay the (much smaller) charge levied by Canadian doctors to issue the necessary prescription.

And Mexico has a thriving industry providing medical and dental services to both US and Canadian patients, because prices are great.

When the US auto industry nearly collapsed, one of the differences that was highlighted between Canadian and US manufactured autos was the huge cost advantage enjoyed by the Canadian plants because of the lower medical costs borne by the employers.

My father is a Kodak Canada retiree. His pension benefits appear to be secure and fully funded. The most recent assessment (2010?) by the department in the Ontario government that monitors private pension funds based in that province indicates that the pension fund for existing and recently retired employees is at least 98% fully funded. The medical benefits are much less expensive here in Canada, and government funded beyond a certain deductible. The biggest concern is dental benefits. It is not at all clear whether there is any risk to those medical and dental benefits, because Kodak Canada is not part of the bankruptcy, save and except it is a wholly owned subsidiary of Eastman Kodak.