Final answer:
The US health care system costs more than European health care systems due to administrative waste, high prices of medical goods and services, and the fragmented nature of the system.
Step-by-step explanation:
The US health care system costs more than European health care systems due to a combination of factors. One key factor is the high administrative waste in the US system, which incurs additional costs for paperwork and bureaucracy. Another factor is the higher prices of medical goods and services in the US, such as prescription drugs and hospital services.
Additionally, the largely private nature of the US health care system, with many different insurance providers and fragmented delivery systems, leads to inefficiencies, duplication of services, and higher costs. In contrast, European countries often have more centralized and coordinated systems, which can help reduce costs.