Financial Focus Live
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Financial Focus Live
No Result
View All Result
Home Latest News

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

admin by admin
August 4, 2025
in Latest News
0
Dr. Oz touts investment in Medicaid: ‘I’m trying to save this beautiful program’
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

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

Previous Post

RemSense Capital Raising

Next Post

Fortune Bay Announces Option Agreement for the Woods Uranium Projects

Next Post
Fortune Bay Announces Option Agreement for the Woods Uranium Projects

Fortune Bay Announces Option Agreement for the Woods Uranium Projects

  • Trending
  • Comments
  • Latest
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 23, 2025
Trump flexes power over big business as U.S. takes 10% stake in Intel

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

August 26, 2025
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

July 21, 2025
Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

October 25, 2025
‘Full-blown battle’ brewing in Dem party as Mamdani-style candidates rise in key races

‘Full-blown battle’ brewing in Dem party as Mamdani-style candidates rise in key races

0
Stock Market News UK Update: FTSE 100 & 250 Rise

Stock Market News UK Update: FTSE 100 & 250 Rise

0
Stock Market News UK Update: FTSE 100 & 250 Rise

Stock Market News UK Update: FTSE 100 & 250 Rise

0
Stock Market News UK Update: FTSE 100 & 250 Rise

Stock Market News UK Update: FTSE 100 & 250 Rise

0
‘Full-blown battle’ brewing in Dem party as Mamdani-style candidates rise in key races

‘Full-blown battle’ brewing in Dem party as Mamdani-style candidates rise in key races

November 26, 2025
Trump pushes peace in Europe, pressure in the Americas — inside the two-front gamble

Trump pushes peace in Europe, pressure in the Americas — inside the two-front gamble

November 26, 2025
Trump jokes that Biden turkey pardon in 2024 ‘invalid’ due to autopen

Trump jokes that Biden turkey pardon in 2024 ‘invalid’ due to autopen

November 26, 2025
Republicans try to quash concerns of more exits following Marjorie Taylor Greene’s surprise resignation

Republicans try to quash concerns of more exits following Marjorie Taylor Greene’s surprise resignation

November 26, 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.

    Top News

    ‘Full-blown battle’ brewing in Dem party as Mamdani-style candidates rise in key races

    ‘Full-blown battle’ brewing in Dem party as Mamdani-style candidates rise in key races

    November 26, 2025
    Trump pushes peace in Europe, pressure in the Americas — inside the two-front gamble

    Trump pushes peace in Europe, pressure in the Americas — inside the two-front gamble

    November 26, 2025

    Latest News

    • ‘Full-blown battle’ brewing in Dem party as Mamdani-style candidates rise in key races
    • Trump pushes peace in Europe, pressure in the Americas — inside the two-front gamble
    • Trump jokes that Biden turkey pardon in 2024 ‘invalid’ due to autopen

    About Financial Focus Live

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 financialfocuslive.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2025 financialfocuslive.com | All Rights Reserved