Part 5/7:
The Limitations of Government in Improving Healthcare
The core argument presented is that government solutions are inherently limited in enhancing healthcare quality. Subvention and regulation alone cannot foster innovation or improve service delivery. Historically, no government has successfully mandated better healthcare outcomes through mandates or subsidies. Instead, they often lead to increased costs and bureaucratic complexity without delivering tangible improvements.
The speaker underscores the fundamental principle that healthcare systems are constrained by the economics of quality, speed, and cost. Achieving all three simultaneously is impossible—a concept encapsulated in the classic adage: you can have good, fast, or cheap — but not all three.