• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Economy

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

by August 4, 2025
by August 4, 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
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

Hashtag Handcuffs: The Global Rise of Online Speech...

December 8, 2025

Saudi Arabia Didn’t Learn Anything From China’s ‘Ghost...

December 8, 2025

Chechen leader threatens Zelenskyy amid drone strike, echoes...

December 8, 2025

Trump’s Kennedy Center Honors overhaul delivers star-studded lineup,...

December 8, 2025

Congress unveils $900B defense bill targeting China with...

December 8, 2025

Teenage cancer patient’s final fight becomes law as...

December 7, 2025

State-level AI rules survive — for now —...

December 7, 2025

DAVID MARCUS: Trump’s aggression toward Venezuela a warning...

December 7, 2025

Rosie O’Donnell’s Trump obsession continues unabated from Ireland...

December 7, 2025

Judge rules evidence linked to James Comey’s ally...

December 7, 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.

Recent Posts

  • Why Trump-branded investments are collapsing, and what the market is pricing in now 

    December 8, 2025
  • What’s driving the sudden cocoa pile-up at Ivory Coast’s busiest ports?

    December 8, 2025
  • Apple stock under pressure after major executive departures: what it means for AAPL’s AI roadmap

    December 8, 2025
  • Morning brief: Trump flags Netflix–WBD deal concerns; Japan’s GDP contracts

    December 8, 2025
  • India moves to open nuclear power sector to private investment

    December 8, 2025
  • IndiGo stock slumps 7%: analysts warn rising costs could weigh on stock

    December 8, 2025

Editors’ Picks

  • 1

    Pop Mart reports 188% profit surge, plans aggressive global expansion

    March 26, 2025
  • 2

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 5

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 6

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025
  • 7

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025

Categories

  • Economy (3,437)
  • Editor's Pick (350)
  • Investing (225)
  • Stock (2,338)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Joe Biden diagnosed with ‘aggressive form’ of...

May 19, 2025

Trump administration open to allowing Iran to...

June 3, 2025

To Reach ‘Peak Human,’ Let Freedom Fuel...

November 13, 2025