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Dr. Mehmet Oz, the chosen Dr. Donald Trump, who leads the Centers for Medicare and Medicaid, will face questions before a Senate committee on finances Friday morning.
Following the hearing, the committee will schedule a vote to send Oz’s nomination to the Senate, where it is likely that approval will be given to the Republican majority.
If confirmed, OZ will be responsible for approximately $1.5 trillion in federal healthcare costs. According to the Centers for Medicare Advocacy, a federal healthcare program for seniors aged 65 and over, currently covers around 65 million Americans. Medicaid, which supports low-income people, covers around 72 million Americans, according to Medicaid.gov.
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Former GOP US Senate candidate Dr. Mehmet Oz is holding a safer street community discussion with galdo skatering and entertainment on October 13, 2022 in Philadelphia, Pennsylvania. (Mark Makera/Getty Images)
The former heart surgeon, whose appearance on daytime television and his 13 seasons of “The Dr Oz Show,” later moved into politics and launched a failed bid for the Pennsylvania Senate seat in 2022. Oz graduated from Harvard University and earned a degree in medical and business from the University of Pennsylvania.
OZ is expected to be burned by Democrats during hearings over financial ties with countless healthcare companies, some of which will create a potential conflict of interest for potential CMS directors.
Oz is committed to selling many of his economic profits, including a stock of hundreds of thousands of dollars from leading private insurance company United Health Group, which poses the risk of fraud. He also said that if confirmed, he would forfeit nearly $25 million in stock revenue he earned as an advisor to a company selling health and beauty supplements.
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President Donald Trump is standing behind Pennsylvania candidate Mehmet Oz at a rally in Wilkes-Barr, Pennsylvania, USA on Saturday, September 3, 2022.
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As the CMS administrator, OZ makes decisions related to procedures within federal healthcare programs, how hospital stays, how drug therapy is covered, and the rate at which healthcare providers receive payment for services.
On Thursday, Trump’s choice to lead the NIH and FDA, Dr. Jay Batacharya and Dr. Marty McCurry, were approved by committee, and are now facing an imminent vote by the Senate-wide.
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