Democratic lawmakers are demanding answers from Dr. Mehmet Oz on his past push to eliminate traditional Medicare in favor of private insurers. Led by Sen. Elizabeth Warren (D-MA), the senators wrote a letter to Oz on Tuesday “regarding our concerns about your advocacy for the elimination of Traditional Medicare and your deep financial ties to

The lawmakers say that Oz has invested "at least" $550,000 in UnitedHealth Group, the parent company of the largest insurer in MA, UnitedHealthcare. If traditional Medicare were fully replaced by MA, UnitedHealth's revenue from this market would likely double to $274 billion each year, according to the letter.

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Dr. Mehmet Oz — who President-elect Donald Trump has tapped to lead the Centers for Medicare and Medicaid Services (CMMS) — may have plans to personally reap millions of dollars from privatizing Medicare,

Democratic senators pressed Dr. Mehmet Oz on his past "advocacy for Medicare privatization" after Donald Trump picked him to run the Centers for Medicare and Medicaid Services.