IBertolini: IOM, the Institutes of Medicine run by doctors, puts the waste in our system at 30%. So, on a good day, there’s $900 billion that if we got it out of the system we could use it to pay for everybody’s insurance without raising the [premium] or tax revenue, right? So why don’t we do that?
Bertolini: Yes, the local provinces have seen a lot of interest. I think Western Europe, the United States and South America suffer from very big entrenched economic and political interests that are going to be very difficult for us to change and I would actually proffer that we’ll probably do something in the Middle East and China and in India before we get something done in the United States or the Western developed countries.
n Part 2 of Knowledge@Wharton’s interview with Aetna CEO Mark Bertolini, he talks about his start in the health care industry and how he is blazing a path forward as a nontraditional CEO. He also shares his insights into leadership, which borrow from concepts he learned in Hinduism about treating people like yourself. In Part 1, Bertolini spoke about how his own medical experiences gave him ideas about how to improve the U.S. health care system.