Economic Rules Hub
  • World
  • Politics
  • Business
  • Investing
Home Politics Dr. Oz touts investment in Medicaid: ‘I’m trying to save this beautiful program’
Politics

Dr. Oz touts investment in Medicaid: ‘I’m trying to save this beautiful program’

by admin August 4, 2025
August 4, 2025

Centers for Medicare and Medicaid Services (CMS) administrator Dr. Mehmet Oz says the Trump administration plans to invest more than $200 billion ‘more dollars’ into Medicaid following the passage of the ‘One Big Beautiful Bill.’ 

‘I’m trying to save this beautiful program, this noble effort, to help folks, giving them a hand up,’ Oz told CBS’ ‘Face the Nation’ on Sunday.

‘And as you probably gather, if Medicaid isn’t able to take care of the people for whom it was designed, the young children, the dawn of their life, those who are twilight of their lives, the seniors, and those who were disabled living in the shadows, as Hubert Humphrey said, then we’re not satisfying the fundamental obligation of a moral government,’ he continued. 

Oz, the 17th administrator for CMS, said the government wants ‘an appropriate return’ on the Medicaid investment. He addressed the difference in drug costs between the U.S. and Europe, adding that work is being done by the administration in an attempt to bring drug prices down.  

Last week, the Trump administration announced it is launching a new program that will allow Americans to share personal health data and medical records across health systems and apps run by private tech companies, promising that this will make it easier to access health records and monitor wellness.

CMS will be in charge of maintaining the system, and officials have said patients will need to opt in for the sharing of their medical records and data, which will be kept secure.

Those officials said patients will benefit from a system that lets them quickly call up their own records without the hallmark difficulties, such as requiring the use of fax machines to share documents, that have prevented them from doing so in the past.

‘We’re going to have remarkable advances in how consumers can use their own records,’ Oz said during the White House event.

CMS already has troves of information on more than 140 million Americans who enroll in Medicare and Medicaid. Earlier this month, the federal agency agreed to hand over its massive database, including home addresses, to deportation officials.

The Associated Press contributed to this report. 

This post appeared first on FOX NEWS

0
FacebookTwitterPinterestEmail
previous post
RemSense Capital Raising

Related Posts

Trump accuses Senate Democrats of using nominee confirmations as leverage...

August 4, 2025

Kamala Harris back in national spotlight as James Comer floats...

August 4, 2025

Trump closes week with plans to reposition subs amid heightened...

August 3, 2025

Pirro confirmed as D.C. U.S. Attorney amid partisan clash as...

August 3, 2025

Dems dig in, Trump demands all: Nominee fight boils over...

August 3, 2025

Trump 1.0 alums share chilling Google message from before second-term...

August 3, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Kamala Harris back in national spotlight as James Comer floats subpoena in Biden ‘cover-up’ probe

      August 4, 2025
    • Dr. Oz touts investment in Medicaid: ‘I’m trying to save this beautiful program’

      August 4, 2025
    • Trump accuses Senate Democrats of using nominee confirmations as leverage for funding deals

      August 4, 2025
    • RemSense Capital Raising

      August 4, 2025
    • Trump closes week with plans to reposition subs amid heightened Russia tension, new tariffs

      August 3, 2025

    Categories

    • Business (1,473)
    • Investing (3,806)
    • Politics (5,067)
    • World (4,720)
    • Email Whitelisting
    • Terms and Conditions
    • Privacy Policy
    • Contacts
    • About us

    Disclaimer: EconomicRulesHub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 EconomicRulesHub.com | All Rights Reserved

    Economic Rules Hub
    • World
    • Politics
    • Business
    • Investing