Democrats Question Dr. Oz's Medicare Privatization Stance and Financial Ties
Lawmakers express concerns about Trump's CMS nominee's advocacy for Medicare Advantage and potential conflicts of interest.
- Senator Elizabeth Warren and five other Democrats have sent a letter to Dr. Mehmet Oz questioning his past support for replacing Traditional Medicare with Medicare Advantage plans.
- Oz, President-elect Trump's pick to lead the Centers for Medicare and Medicaid Services (CMS), co-authored a 2020 op-ed advocating for 'Medicare Advantage for All.'
- Lawmakers raised concerns about Oz's financial ties, including over $550,000 in UnitedHealth stock, a company currently under investigation for Medicare fraud and antitrust violations.
- Democrats highlighted findings that Medicare Advantage plans are projected to overcharge the government by $83 billion in 2024 compared to Traditional Medicare.
- Oz is expected to face scrutiny during his Senate confirmation hearing, with Democrats pressing for answers on his policy positions and potential conflicts of interest.