There are good reasons to think single payer systems are not the answer. The numerous documented inefficiencies and inconveniences they suffer from don't need repeating here.
And many single payer systems around the world only appear to work as well as they do because the US effectively subsidizes medical costs through its own out of control prices.
We'd rather have medical bankruptcy than a functional system.
Maybe for R&D but your outsized costs are also due to your liability environment and direct incentives against preventative healthcare.