Trump to nominate Dr. Oz to lead CMS - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Washington Wire
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Top Stories
Washington Wire RSS Get our newsletter
Order Prints
November 19, 2024 Washington Wire
Share
Share
Post
Email

Trump to nominate Dr. Oz to lead CMS

Dr. Mehmet Oz (Photo by Anthony Behar/Sipa USA)
By Wire Reports

President-elect Donald Trump said he would nominate Dr. Mehmet Oz to lead the Centers for Medicare & Medicaid Services.

CMS operates or oversees health-care programs that provide coverage to about 1 out of every 2 Americans, including Medicare, Medicaid, the Children’s Health Insurance Program and the Affordable Care Act marketplace program Healthcare.gov.

Oz, if confirmed by the Senate, would head up an agency within the U.S. Department of Health and Human Services. The four main CMS programs mentioned above account for $1.6 trillion in federal spending – nearly 25% of the federal budget.

“Our broken Healthcare System harms everyday Americans, and crushes our Country’s budget,” Trump said in a statement announcing his intention to nominate Oz.

'The best results' promised

“Dr. Oz will be a leader in incentivizing Disease Prevention, so we get the best results in the World for every dollar we spend on Healthcare in our Great Country,” Trump said. “He will also cut waste and fraud within our Country’s most expensive Government Agency, which is a third of our Nation’s Healthcare spend, and a quarter of our entire National Budget.”

Oz is the son of Turkish immigrants and graduated from Harvard University and the University of Pennsylvania.

In 2001, Oz became a professor of surgery at Columbia University, and later retired to professor emeritus in 2018.

He became a media figure in 2003, with the Discovery channel TV show, Second Opinion with Dr. Oz. He caught the attention of talk show mogul Oprah Winfrey, making 60 appearances on her syndicated talk show. From there, he branched out into his own show, The Dr. Oz Show, which ran for 13 seasons beginning in 2009.

During his time on TV, Oz was controversial for promoting what some called misleading and false claims about health and science, particularly for his touting the use of hydroxychloroquine to treat COVID-19. He owned stock in two companies that produce the drug.

Oz was the Republican candidate for the U.S. Senate from Pennsylvania in 2022 but lost the election to Lt. Gov. John Fetterman.

© Entire contents copyright 2024 by InsuranceNewsNet.com Inc. All rights reserved. No part of this article may be reprinted without the expressed written consent from InsuranceNewsNet.com.

Wire Reports

Older

How important is a written financial plan?

Newer

Another Medicare carrier stops paying commissions

Advisor News

  • LTC: A critical component of retirement planning
  • Middle-class households face worsening cost pressures
  • Metlife study finds less than half of US workforce holistically healthy
  • Invigorating client relationships with AI coaching
  • SEC: Get-rich-quick influencer Tai Lopez was running a Ponzi scam
More Advisor News

Annuity News

  • The structural rise of structured products
  • How next-gen pricing tech can help insurers offer better annuity products
  • Continental General Acquires Block of Life Insurance, Annuity and Health Policies from State Guaranty Associations
  • Lincoln reports strong life/annuity sales, executes with ‘discipline and focus’
  • LIMRA launches the Lifetime Income Initiative
More Annuity News

Health/Employee Benefits News

  • Plainfield, Vermont Man Sentenced to 2 Years of Probation for Social Security Disability Fraud
  • LTC: A critical component of retirement planning
  • Pennsylvanians urged to prioritize health
  • PLAINFIELD, VERMONT MAN SENTENCED TO 2 YEARS OF PROBATION FOR SOCIAL SECURITY DISABILITY FRAUD
  • Broward schools cut coverage of weight-loss drugs to save $12 million
More Health/Employee Benefits News

Life Insurance News

  • The structural rise of structured products
  • AM Best Affirms Credit Ratings of Members of Aegon Ltd.’s U.S. Subsidiaries
  • Corporate PACs vs. Silicon Valley: Sharply different fundraising paths for Democratic rivals Mike Thompson, Eric Jones in 4th District race for Congress
  • Continental General Acquires Block of Life Insurance, Annuity and Health Policies from State Guaranty Associations
  • LIMRA launches the Lifetime Income Initiative
Sponsor
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

LIMRA’s Distribution and Marketing Conference
Attend the premier event for industry sales and marketing professionals

Get up to 1,000 turning 65 leads
Access your leads, plus engagement results most agents don’t see.

What if Your FIA Cap Didn’t Reset?
CapLock™ removes annual cap resets for clearer planning and fewer surprises.

Press Releases

  • LIDP Named Top Digital-First Insurance Solution 2026 by Insurance CIO Outlook
  • Finseca & IAQFP Announce Unification to Strengthen Financial Planning
  • Prosperity Life Group Appoints Nick Volpe as Chief Technology Officer
  • Prosperity Life Group appoints industry veteran Rona Guymon as President, Retail Life and Annuity
  • Financial Independence Group Marks 50 Years of Growth, Innovation, and Advisor Support
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet