As someone recently working in hospitals (in Europe), no it cannot. Medical issues can rapidly and permanently reduce you to government support, which is guaranteed to destroy your financial situation quickly.
Also, quite a lot of treatments are not done, or have absurd waiting lists, so you’ll be tempted to get yourself into medical bankruptcy anyway by going private/abroad. Either that or accept delayed subpar care. Or no care at all.
If I have universal healthcare, then I am free of the worry of medical bankruptcy. Being free from things is a significant source of freedom.