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    Home ยป Mehmet Oz Promises to Divest Stock Holdings if Overseeing Medicare and Medicaid
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    Mehmet Oz Promises to Divest Stock Holdings if Overseeing Medicare and Medicaid

    insurancejournalnewsBy insurancejournalnewsFebruary 24, 2025Updated:February 24, 2025No Comments1 Min Read
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    Mehmet Oz’s Financial Disclosure

    Mehmet Oz, nominated by President Trump to lead Medicare and Medicaid, has committed to selling his extensive stock holdings to prevent any potential conflicts of interest. This undertaking is contingent upon his confirmation for the position.

    His financial disclosures, submitted to the Office of Government Ethics, reveal ownership of shares in various companies. These include UnitedHealth Group, a major private health insurer, and HCA Healthcare, a prominent hospital chain. Furthermore, his portfolio encompasses stocks from numerous other companies, spanning pharmaceutical manufacturers and technology providers.

    In a letter dated February 16th, addressed to Randall Hall, the designated ethics official at the U.S. Department of Health and Human Services, Oz declared his intention to dispose of all these stocks. He also pledged to resign from any advisory roles and to withdraw from several investment funds should his appointment as administrator of the Centers for Medicare and Medicaid Services be ratified.

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    Supreme Court Rejects Challenge to Obamacare Preventive Care Coverage

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