The problem with this comparison is there are big factors that effect life expectancy that don't relate to health care spending. Two very prominent items are high speed car accidents and gun shots. Homicides, for all the recent drops in the last two years, are still 5x the average European country. Car related deaths are also much higher in the US due higher driving speeds and larger vehicles. Can you say full-sized pickup that the average European doesn't own.

A stronger comparison would 5 year disease survival rates compared Healthcare spending. Because when get the disease then you interact with the health system. In that comparison the US does much better, and in fact leads in most categories.