Mehmet Oz's extensive investments in health care, tech, and food companies may result in significant conflicts of interest if he is confirmed as administrator of the CMS.
Oz's financial disclosures reveal stakes in major companies like UnitedHealth Group, CVS Health, and Cigna, collectively amounting to tens of millions of dollars.
With CMS overseeing coverage for over 160 million Americans and Medicare accounting for around $1 trillion in annual spending, Oz's individual financial interests raise questions on governance.
Oz's nomination signifies potential challenges in ensuring unbiased management at CMS given the intertwined nature of his financial interests with major health care firms.
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