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This was an incredible segment. Before ending his interview with CNBC Squawk Box this morning, CMS Administrator Dr. Oz took a moment to sound the alarm on America’s $100 BILLION healthcare fraud epidemic. And then he dropped a line that really says it all: “They’re not just stealing your...

251,327 views • 8 days ago •via X (Twitter)

33 Comments

melinda edwards's profile picture
melinda edwards8 days ago

This is huge! I have been saying this awhile now to family and friends. We do not have a $40 Trillion dollar debt. We have A $40 trillion dollar fraud which is growing. There must be a reckoning across the board! Thank you Dr. Oz !

Charles Braun's profile picture
Charles Braun8 days ago

The Democrats allowed this Fraud and continue to defend it. Why?

West's profile picture
West8 days ago

"They are stealing your health." That is next level marketing persuasion. Use that line.

Mary G Martis's profile picture
Mary G Martis8 days ago

The ACA was designed for fraud. The objective is to tear America down. "The last official act of any government is to loot the treasury"

4thGenCAian's profile picture
4thGenCAian8 days ago

My mother was recently on hospice, she was bedridden and she got only 1hr per day of help Meanwhile I see hundreds of millions of hospice fraud It sickens me

Thomas Swartz's profile picture
Thomas Swartz8 days ago

All government programs are infested with fraud. This is why the democrats are so scared of Trump. He is finding it and eliminating it. Democrats will lose money and power.

roberto bonacors's profile picture
roberto bonacors8 days ago

Socialist Democrat, communist agenda, Medicare, for all takes away the trust and steal from anybody who put in and built a system

YJZ's profile picture
YJZ8 days ago

Please act to eliminate fraud and abuse of govt programs administered in the states. @austintexasgov @HoustonTX @CityOfDallasBMS @COSAGOV

HeartBeats's profile picture
HeartBeats8 days ago

The fraud out of Medicare? The fraud is well known to be Medicare Advantage Plans, which is NOT Medicare at all. It's private insurance for profit that doesn't follow the guidelines of Medicare. Too many congressional hearings without any actions taken. Talk is cheap.

DUMB - Dems Unhinged to Maintain Boondoggles's profile picture
DUMB - Dems Unhinged to Maintain Boondoggles8 days ago

Much of the fraud is done by illegals, and Democrats don’t want to upset them.

Mudtech23's profile picture
Mudtech238 days ago

We know this but half the voters dont care. DOGE started on this butbthe corruption is so deep its like organized crime. It wont end and too many voters are too ignorant and or stupid.

Londonman's profile picture
Londonman8 days ago

They had the Executive, Congress, Elon, DOGE, and a mandate - they did nothing to reduce the fraud. DOGE laid it out line by line, so they shitcanned DOGE. Now they restart the narrative, knowing they will lose Congress and have another excuse for not doing anything.

Bob Jones's profile picture
Bob Jones8 days ago

Conversely, medicare for all is effectively a death sentence for elderly and sick people, which is where much of the wealth is that needs to be redistributed.

juliet19's profile picture
juliet198 days ago

Can we do Social Security next so I can retire at a reasonable age instead of 10 years later because the fund is that depleted?

craftaholic's profile picture
craftaholic8 days ago

He’s correct. I’m healthy, on Medicare, and have zero trust with doctors and insurance telling me what I should do, etc.

Char's profile picture
Char8 days ago

Fix the fraud!

Southern "Belle"'s profile picture
Southern "Belle"8 days ago

@orangegurl63 💔💔💔🇺🇸🇺🇸🇺🇸🙏🙏🙏🌹🌹🌹‼️

C Foley's profile picture
C Foley8 days ago

This is all B.S. The whole Trump regime is a fraud.

Frank Lee's profile picture
Frank Lee8 days ago

Even more than that, it encourages corrupt doctors and corruption in hospitals and insurers. Leading to a complete breakdown in quality medical care. It encourages hustlers and frauds to run the system rather than responsible caregivers.

leftward's profile picture
leftward7 days ago

Dr Oz is fantastic. If you watch only one interview this month. This is the one you want.

javier's profile picture
javier7 days ago

So many people at the pharmacy on Medicaid while they drive Mercedes

Andy Shadrick's profile picture
Andy Shadrick8 days ago

Your DEMOCRAT PARTY doesn’t care about FRAUD and ABUSE they just HATE AMERICANS

Mitchell D Vaughn's profile picture
Mitchell D Vaughn8 days ago

“They’re not just stealing your money, they’re stealing your health.”

AZJammer's profile picture
AZJammer8 days ago

in the al-capone days, the most of the money that was derived via the black market stayed in the US.. some when back to the old country, but most stayed here... but this fraud takes all the money out of the US and reduced our shadow-gdp... end it all and they moochers leave too

VitalHires's profile picture
VitalHires8 days ago

Worth pairing with the labor side of it: administrative headcount in US hospitals has grown far faster than clinical headcount for two decades. Whatever the fraud number turns out to be, the compliance response becomes its own permanent cost line.

Frank Ricchio's profile picture
Frank Ricchio7 days ago

No matter how timely, noble, and well intentioned, Government involvement in social programs invariably leads to fraud, waste, and abuse. Every. Single. Time.

Dan Boston's profile picture
Dan Boston8 days ago

Implementation of PL 116-3 and guidance for CMS SMDL 24-005, and I’ll start believing this is serious

joanne brown's profile picture
joanne brown8 days ago

Getter done!

Shelle Butler's profile picture
Shelle Butler8 days ago

HEALTH CARE FRAUD ‼️‼️

Janet Elliott's profile picture
Janet Elliott8 days ago

Then they said they have begun arresting those who committed the fraud, abetted & covered up the fraud and most of government is now in jail

Nigel Dawson's profile picture
Nigel Dawson8 days ago

In other words, due to influence of other, lesser cultures, America became a place to be grifted. Just say it out loud, the third world and native POC are complete failures at life and just steal. Simple.

Ray's profile picture
Ray8 days ago

@TheDemocrats @GOP @DHSgov @HHSGov

Logicon's profile picture
Logicon8 days ago

Dr Oz should have been in the Senate except it was a stolen election…

Related Videos

This might be one of the craziest healthcare fraud stories ever told on CNBC. Dr. Oz was explaining how deeply fraud has become embedded in the healthcare system when he recalled a bust in Philadelphia. The suspect was being arrested for drug possession and sales, but before the police could cuff him, he had to log out of his day job... DR. OZ: “Some of the things these charlatans do is, they’re shockingly effective at being grifters…” “I was just doing a bust in Philadelphia and a guy was getting arrested and they’re about to cuff him, and he said, before you cuff me, I got to log out of my day job, which is being a home care attendant.” “And the cop said, what are you talking about? I’m arresting you for narcotics possession and sales.” “And he says, yeah, I got that as a side gig. But my real money is like all the all the drug dealers became home care providers and he logged out on his phone.” “He was still making money. And the cop said, I’m going to arrest you because you’re lying to the, you know, because pretending you’re providing care.” “And the criminals said something very interesting…” “He said, if you arrest me, you have to arrest everybody in Philadelphia…” “We have normalized criminal behavior.” “We have normalized fraud.” “We have normalized stealing from the poor.” “That is an abdication of trust, we cannot tolerate as a nation.” “That’s why we’ve been so aggressive on this. We’re making huge inroads, and I’m quite confident that over the next year, we’ll send a very clear message: if you want to steal, don’t do it from the federal taxpayer.”

Overton

86,704 views • 8 days ago

Finally, Dr. Oz shined a light on the even bigger problem lurking behind fraud: outright abuse and waste in the healthcare system. “And I'll leave you with one last thought,” he said. “In addition to the massive fraud, especially from foreign entities trying to invade America using their financial tools and criminal mindsets, we also have 25% of all of our money being spent probably subject to abuse.” He clarified the difference. “And that's not fraud. This is abuse and waste. Money not being used wisely.” To tackle this, the Centers for Medicare and Medicaid Services are rolling out a new model. “We just launched a new model called ‘Wiser’ with the Centers for Medicare and Medicaid Innovation—that is looking at ways for us to identify inappropriate use of services, services that are wasteful and should not be offered to the American people because they could hurt them.” For Dr. Oz, this isn’t just about money. It’s also about keeping Americans safe. “They're not providing value for these wonderful Americans whose health is being taken advantage of to generate higher revenue for providers.” He closed with a promise that the fight isn’t stopping here. “We're not going to tolerate it anymore, and we're going to use data analytics, real-time monitoring—and unhesitating and unwavering pursuit of the law to make sure this happens.” This was a turning point in American healthcare. The era of waste, fraud and abuse is over.

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110,500 views • 1 year ago