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# Bill Gates on Healthcare

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<!-- video src="https://cdn.jwplayer.com/manifests/YxMNctaW.m3u8" -->
## Video: Bill Gates on Healthcare

[Watch (HLS stream): Bill Gates on Healthcare](https://cdn.jwplayer.com/manifests/YxMNctaW.m3u8) (2:58)

![Bill Gates on Healthcare](https://cdn.jwplayer.com/v2/media/YxMNctaW/poster.jpg?width=720)

_Published 2018-01-04. Nancy Gibbs sits down with guest-editor Bill Gates to discuss advances in healthcare._


---

Jul 27, 2023 11:09 PM UTC

---

## More From This Series

[All Videos](https://time.com/video/)

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### Bill Gates on Energy

[Bill Gates Guest-Edits Time Magazine](/video/FywCjMzE/)

### Bill Gates Guest-Edits Time Magazine

[TIME's Nancy Gibbs Interviews Ivanka Trump](/video/fBJ0vdQO/)

### TIME's Nancy Gibbs Interviews Ivanka Trump

---


## Transcript

You've focused on health at the outset when you and Melinda were launching your foundation. Our global health work has exceeded our expectations. Its been amazing that you can make vaccines cheap, you can get them out to more children. The achievement of childhood survival is one on the The most amazing human achievements. And what turned out to be harder than you bargained for? Well in health, HIV was a huge crisis when we got into this. The soonest we get a vaccine, is probably eight years from now. And so that's been far more difficult than we expected, and we need innovation which I know will come but it's been slower than we've hoped for.

Investing in the health and wellbeing of people in a poor country pays dividends far beyond that country's borders. You've been very outspoken about The importance of foreign aid as not just on moral grounds but practical economic, national security grounds. What's the argument you made to the unemployed worker in Ohio about why this is money that the government should be spending? Well, the development need we provide helps. Stabilized the world and lift these countries up so they can be self- sufficient. And our aid is less than 1 % to the US budget. The payback to US foreign aid, getting rid of small pox, on the verge of getting rid of polio.

Lifting countries like South Korea, there was a huge [ UNKNOWN ] up. So now it's a substantial, a donor. The impacts have been phenomenal. Well, you also touched on, about keeping epidemics in check before they spread. Of all the major bad things, That could happen, a nuclear war, asteroid, trogonicus quid, the one that's the most scary is the big epidemic, helping poor countries so they would detect it early and they would have the capacity to stop it when the numbers are very very small, is advantageous to the entire world In the case of Ebola, because it wasn't caught early, the U. S. had to spend a lot of money, including deploying the U.

S. military, lots of CDC people went in and did heroic work. So it's a big success, but there will be many more like that that could be worse, that is the speed of infection Of a flu is 20 times faster than Ebola. So it could go global if you took this long to figure out what was going on, as we did with Ebola. So it's an investment for the world that prevents pandemics coming to the United States. [ MUSIC ]

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