The Trader Harbor
  • Business
  • Politics
  • World News
  • Stocks
  • Business
  • Politics
  • World News
  • Stocks

The Trader Harbor

Politics

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

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

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
FacebookTwitterGoogle +Pinterest
previous post
Trump accuses Senate Democrats of using nominee confirmations as leverage for funding deals
next post
Kamala Harris back in national spotlight as James Comer floats subpoena in Biden ‘cover-up’ probe

Related Posts

Booker concludes record 25-hour speech against Trump, Musk,...

April 2, 2025

Elections are temporary. Family is forever. Here’s how...

September 23, 2024

Pope Francis and US presidents: A look back...

April 22, 2025

DOGE USAID budget cuts hit UN in ‘worst...

March 23, 2025

Inside how podcasters moved the voting needle with...

November 29, 2024

Netanyahu hits Biden admin, says Israel – not...

October 16, 2024

Harris edges closer to Trump in new poll...

July 26, 2024

Trump appoints Alice Marie Johnson ‘pardon czar’ during...

February 21, 2025

Fox News projects Donald Trump defeats Kamala Harris...

November 6, 2024

Trump’s new SBA chief unleashes ‘Day One’ priorities...

February 24, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


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

    Latest

    • Trump flexes power over big business as U.S. takes 10% stake in Intel

      August 25, 2025
    • The Real Drivers of This Market: AI, Semis & Robotics

      August 25, 2025
    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

      August 25, 2025
    • Trump gave the Oval Office a gilded makeover – and covered the cost himself

      August 25, 2025
    • Trump learns a lesson grounded in faith, how best to stand tough on trade with China

      August 25, 2025
    • Russia says Ukrainian drones hit nuclear power plant during Independence Day strikes

      August 25, 2025

    Categories

    • Business (1,354)
    • Politics (4,320)
    • Stocks (1,607)
    • Uncategorized (45)
    • World News (1,347)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheTraderHarbor, 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 © 2025 thetraderharbor.com | All Rights Reserved