Let us face it, the European welfare model is a blind alley. No one in the world is going to copy this from us again, now that it is clear that it makes us
a) uncompetitive - taxes too high, too much protection for people who might not merit it;
b) less likely to start new businesses - in theory, you can have a great welfare system and a great atmosphere for enterpreneurship, but in practice, the former will usually stifle the latter, as the "eat the rich" types will dominate the discourse;
c) extremely vulnerable to the aging problem. Too many pensioners, not enough kids, not enough highly qualified migrants who have zero reason to subject themselves to lower compensation, higher taxation and, on the top of all, interaction with bureacracy that insists on the local language. OTOH hardly literate people from Afghanistan or Niger don't mind any of that; the German / Dutch / Swedish welfare system will take care of them even if they do nothing and/or immerse themselves in the black market.
IDK how to get out of this pickle, the local population is addicted to high welfare spending and other onerous protections like to crack and won't vote against it, even though it is becoming clear that as we fall more and more behind the US, we won't be able to afford a system like that.
Robust welfare states can be only carried by robust economies and a lot of young workers. Those conditions existed in the 1960s or 1970s, and our current systems are downstream from that, but the foundation is eroding with every passing year.
The final collapse will be pretty ugly, something like Argentina, but full of 70 y.o. paupers. Weaker spots in the EU already have a huge problem providing healthcare to the elderly, or even anyone. On paper, it is an universal right, but in reality, there simply aren't enough doctors to carry this obligation out.
The Czech Republic is somewhere in the middle, nowhere near as bad as rural Bulgaria, but try finding a dentist who accepts insurance patients outside the major cities like Brno and Prague. That will be an exercise in the impossible.