I don't think a solution will ever come from the insurance companies. I'm for a Public Health Service that is free to all citizens. It ought to be frills and elective treatment free, just necessary medicine and preventative. I would balk at insurance companies and private hospitals and clinics being cut out. The American way is if you can afford it, you can buy it. If you want a private room, filet mignon and a mint on your pillow, go pay for it. If you get it for free, expect being in a ward with a curtain and crappy cafeteria food.
When my first wife got ill in 1992, she was a schoolteacher with Blue Cross insurance. They claim to pay 100% after you reach a certain level. Actually they pay 100% of what they deem reasonable. Two years later, after I buried her I had a bill for over 200k. Medical bankruptcy was a option I guess but all my creditors said they would be patient with me. I sold everything we had owned and proceeded to work 7/12/365 for the next 5 years. I paid them all off. then continued to work to pay off my land.