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

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

by August 3, 2025
written by August 3, 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 comment
0
FacebookTwitterPinterestEmail

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

related articles

Shutdown averted for now, but Senate warns DHS...

February 4, 2026

Trump’s Iran threats face ‘Obama red line’ test...

February 4, 2026

GOP must race for new ‘big, beautiful bill’...

February 4, 2026

What replaced USAID? Inside the Trump administration’s global...

February 4, 2026

Federal judge grills DOJ lawyers over censure of...

February 4, 2026

Lawmakers question whether US moving fast enough to...

February 4, 2026

Leaked documents expose Khamenei’s secret deadly blueprint for...

February 4, 2026

Government shutdown ends as Trump signs bill, but...

February 3, 2026

Schumer faces backlash after calling SAVE Act ‘Jim...

February 3, 2026

GOP senator jabs Jeffries as ‘butt hurt’ over...

February 3, 2026
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

  • Rand Paul says personal experience with YouTube and Google changed his mind about platform liability

    January 21, 2026
  • Trump signals China ‘very much’ interested in securing trade deal ahead of Switzerland negotiations

    May 8, 2025
  • Trump doubles down on acquiring Greenland for ‘world peace’ amid Vance visit

    March 28, 2025
  • KeyCorp shares surge 18% as Scotiabank invests $2.8 billion: What this means for both banks

    August 12, 2024
  • iPhone voice recognition controversy: ‘Racist’ converts to ‘Trump’

    February 26, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

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

    July 21, 2024
  • 3

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

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

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

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (7,791)
  • Investing (950)
  • Stock (970)

Latest Posts

  • Trump says ‘I don’t care when you vote’ in new House GOP ad urging voters to turn out early

    October 15, 2024
  • WATCH: Ex-Biden spin doctor makes stunning admission after touting his sharpness for years

    October 30, 2025
  • Klarna lands buy now, pay later deal with DoorDash, notching another win ahead of IPO

    March 20, 2025

Recent Posts

  • China quietly loads 100+ ICBMs into new missile silos near Mongolia: report

    December 22, 2025
  • Long ELV: Elevance Health Targets $550 Highs, Positive Earnings Support Bullish Trend

    August 5, 2024
  • Republican Kevin Hern profits from UNH stock while overseeing Medicare policy

    July 17, 2024

Editor’s Pick

  • Capital One acknowledges ‘outage’ as users report issues accessing deposits

    January 16, 2025
  • Musk says Trump would have lost 2024 election without him as ‘Big, Beautiful Bill’ feud continues

    June 5, 2025
  • US approves massive arms sales to Israel and Saudi Arabia for more than $15 billion amid Middle East tensions

    January 31, 2026
  • 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