Despite His Lack of Gov’t Experience, Analysts View Oz Pick as Positive for MA
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Nov 21, 2024
President-elect Donald Trump on Nov. 19 named author and cardiac surgeon Mehmet Oz, M.D., aka television personality Dr. Oz, as his choice for CMS administrator, overseeing both the Medicare and Medicaid programs. Industry observers suggest the nomination could be a win for Medicare Advantage, although future policy changes will largely depend on the staff behind him.
“Dr. Oz does not have any government experience for us to draw from, but he did coauthor a pro-Medicare Advantage op-ed in Forbes in June 2020 that sheds some light into his views on health policy,” wrote Barclays analyst Andrew Mok on Nov. 19. That piece “supported expanding private Medicare to most citizens,” which translates to a “positive read-through” for publicly traded MA firms like Humana Inc., CVS Health Corp. and UnitedHealth Group.
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