Excellent plan. Only maybe not health care first. Start by taking away the things that aren't essential for survival, so people won't be completely unprepared right away. At least give them time to move to another country that is still a welfare state.
And the old people should either A) put enough money away for themselves in a private retirement fund, or B) be supported by their families. I'd be perfectly happy keeping my parents going (not that they'll need it, since my dad has been going with choice (A)), but it irritates me that one of the reasons I pay taxes is to keep millions of other random old folks alive.
Back to medical bills, they would also have to quit making everything cost so damn much. I mean, never mind how expensive that fancy machine is, it hardly costs a thousand dollars to run it for a minute and have some guy look at the results for a half hour.
Disclaimer, and remember this for all my future posts: I don't plan on trying to change anything nor expect anything to change the way I really would like it to, therefore I feel no reason to expand or defend any of my arguments. This is me conceding defeat - you don't need to tell me how I'm wrong. Thanks.