Socialized or Universal Healthcare: Is it truly the solution?

Will the fate of the American health care industry become the same as those of England, Canada, or many other countries world wide? Would socializing the health care industry really be the magical solution to the problems that it now faces? The answer is clear and simple. No. So why is this the answer? Let's find out...
First, let's look at where the rest of the world goes when they decide that they need top notch health care that they can't get anywhere else. Where is that place? Oh yeah, it's America. Let's face it, when the world's elite are in need of the best health care available they come here because this is where they can get it. Any one from around the world that can afford it and is allowed into the country comes to America for their health needs. Why is this? It's because our health care industry rewards individuals for being the best they can be because the better you are the more you get paid. So there is a natural incentive to be better than everyone else which creates competition which creates progress that leads to advances in medical technology. But in places without this capitalist way of monitoring the health care industry this natural competition doesn't exist. Because in those places like England, Canada, France, and others everyone is paid the same regardless of their expertise as a doctor. There is just a blanket pay and this doesn't reward individual drive and innovation so doctors feel like--why bother being better if I'm not going to get compensated better for my abilities? Sure it may be cheaper in those places but there is less quality. Ever wonder why the English have horrible teeth? It's not because they like it like that; it's because no one feels the need to advance in dental care because they aren't going to get rewarded for their time or innovation because they will still get paid the same.
So if this socialized way of dealing with the health care industry takes root here in America people are going to start seeing a drastic decrease in the quality of health care they are receiving. And insurance companies will begin to pay less because why should they continue to pay the same rate they were before for a lower quality procedure. It would be like you going to McDonald's and ordering a Big Mac and they give it to you but there is no cheese and only one patty but they still demand you pay the same regular Big Mac price. Of course you wouldn't still pay the same price and instead would pay a lower price. Well, that is exactly what the insurance companies would begin to do. Also, it would contribute to lowering global health everywhere because no longer would there be a place for the world to go in order to receive the top notch health care they were getting before. It would just be mediocre/'acceptable' health care across the board. For these reasons I believe that socialized medicine is by no means the solution to our health care needs or problems.