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Doug Burgum on Health Care |
BURGUM: We're not talking about the real problem ever. We talk about why do we have the most expensive health care in the world? It's because the federal government got involved. In 2008, they said, "We're going to subsidize a particular kind of software to make everything more productive."
All of you have been to a doctor's office--when the doctor's got his back to you, and their hand's on a keyboard? The only industry in the world, that's ever absorbed $1 trillion of IT and became less productive--they saw less patients per day--is U.S. health care, because they were subsidizing a certain kind of technology. It wasn't about improving health care. It was about picking winners and losers. Every time the federal government's involved, things get more expensive, and less competitive.