• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Dr. Oz becomes next head of Medicare and Medicaid Services following approval from full Senate

by April 3, 2025
written by April 3, 2025

Dr. Mehmet Oz will serve as the next administrator of the Centers for Medicare and Medicaid Services after the full Senate voted along party lines to confirm his nomination on Thursday. 

The former daytime TV doctor turned politician will be in charge of nearly $1.5 trillion in federal healthcare spending. His duties will entail overseeing Medicare, Medicaid and the Children’s Health Insurance Program (CHIP), including directing decisions related to how the government covers procedures, hospital stays and medication, as well as the reimbursement rates at which healthcare providers get paid for their services.   

Medicare is a federal healthcare program for seniors aged 65 and up, and currently provides coverage to about 65 million Americans, according to the Center for Medicare Advocacy. Medicaid, a public health assistance program for people with low incomes, covers roughly 72 million Americans, according to Medicaid.gov. Meanwhile, CHIP, which provides free or low-cost health coverage for eligible low-income children and family members, assists around 7.2 million individuals. 

A graduate of Harvard University, Oz received medical and business degrees from the University of Pennsylvania. He is a former heart surgeon who saw his fame rise through his appearances on daytime television, including ‘The Oprah Winfrey Show,’ and 13 seasons of ‘The Dr. Oz Show.’

Oz later transitioned into politics, launching an unsuccessful bid for Pennsylvania’s open Senate seat in 2022. He lost to John Fetterman, then the state’s lieutenant governor.

‘Dr. Oz has a strong desire to modernize CMS and encourage healthy lifestyles for all Americans, including by focusing on the underlying causes of chronic disease and implementing innovative technologies,’ Senate Finance Committee Chairman Sen. Mike Crapo, R-Idaho, said Thursday.

Crapo, who led Oz’s nomination process at the committee level, commended Oz for his ‘diligence and accessibility’ throughout the process, including his willingness to answer ‘hundreds’ of questions for the record.

Those questions came from both Republicans and Democrats. They included asking about Oz’s stance on abortion, transgender medical treatments, Medicare privatization, prescription drug pricing and more. Potential financial conflicts of interest were also a concern among Democratic lawmakers throughout Oz’s confirmation process. Oz has committed to divesting any holdings that may pose an issue. 

Thursday’s confirmation comes as the Trump administration continues to work to finalize the rest of its political appointments, including notably the president’s pick to be the next United Nations ambassador and his pick for director of the Consumer Financial Protection Bureau. 

Per The Washington Post’s ‘political appointee tracker,’ there are currently still 233 nominees being considered by the Senate.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Waltz’s Signal chat woes snowball as Trump admin defends national security advisor
next post
Trump confirms National Security Council firings as Waltz’s Signal chat woes snowball

related articles

FLASHBACK: Musk accused Trump, GOP leaders of not...

June 7, 2025

‘Right down the line’: Medicaid reform in ‘big,...

June 7, 2025

TSA tells Americans their Costco cards won’t fly...

June 7, 2025

Trump announces China will restart rare earth mineral...

June 7, 2025

Musk feud presents ‘unprecedented’ dynamic compared to past...

June 7, 2025

Supreme Court rules DOGE can access Social Security...

June 6, 2025

Snub of Musk’s NASA nominee ally preceded sudden...

June 6, 2025

US sanctions money laundering network aiding Iran as...

June 6, 2025

Trump signs new executive orders intended to make...

June 6, 2025

Mike Johnson says he hopes Trump, Musk ‘reconcile’...

June 6, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Trump jokes his admin will ‘forget about’ separation of church and state: ‘We’re bringing religion back’

    May 1, 2025
  • Wave of court orders blocking Trump’s agenda are a ‘judicial coup d’etat,’ Gingrich says

    April 1, 2025
  • ‘Refuse to be their puppet’: Top 5 moments from Tulsi Gabbard’s confirmation hearing

    January 31, 2025
  • Who is White House physician Dr. Kevin O’Connor and what are his close ties to the Biden family?

    July 10, 2024
  • Vast majority of Americans support photo ID requirement to vote, new poll says

    October 24, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,854)
  • Investing (624)
  • Stock (790)

Latest Posts

  • Trump offers Iran choice: Drop nuclear weapons or face ‘maximum pressure’

    May 13, 2025
  • AI that can match humans at any task will be here in five to 10 years, Google DeepMind CEO says

    March 18, 2025
  • Trump thanks Biden for ‘smooth transition’ during White House meeting

    November 13, 2024

Recent Posts

  • Dell Stock Beyond the Expectations: Q2 Highlights

    August 30, 2024
  • Mike Huckabee nomination advances in Senate, one step closer to becoming ambassador to Israel

    April 8, 2025
  • US officials see fall of Assad as opportunity to force Iranian regime change

    December 12, 2024

Editor’s Pick

  • Investigator reveals China tried to smuggle drones to Libya disguised as COVID aid

    September 27, 2024
  • Harris says no regrets about defending Biden fitness for office

    August 30, 2024
  • Biden calls for Supreme Court term limits, code of conduct, limits on presidential immunity

    July 29, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.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 © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock