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Bill Gates: Reimburse companies for COVID-19 tests completed in 24 hours

FOX NEWS - Aug 8, 2020 -

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Microsoft founder Bill Gates suggested the U.S. government reimburse health care companies that complete coronavirus tests within 24 hours in an interview with tech magazine Wired published on Friday.

States that have seen an influx of cases in recent weeks, such as Florida and California, have been struggling to get test results back to potentially infected people, making containment efforts more difficult since people don't know whether they have the virus.

"That's just stupidity," Gates said of slow test results, adding that companies would fix their delay issues "overnight" if there were a reimbursement program that could incentivize more efficient containment efforts.

"The majority of all U.S. tests are completely garbage, wasted," Gates told Wired. "If you don’t care how late the date is and you reimburse at the same level, of course they’re going to take every customer. Because they are making ridiculous money, and it’s mostly rich people that are getting access to that."


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