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Mehmet Oz: “Fraud, waste, and abuse restricts about $100 billion out of…”

Featuring: Mehmet Oz, Republican | Administrator of the Centers for Medicare & Medicaid Services | National

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The Missing Piece in Value-Based Care: Reaching the Sickest Patients with Dr. Oz & Amy Gleason

Published | Video Starts at 16:31

Well, the President has been very clear and he often emphasizes that clarity when he calls me at early hours or late night calls because he's worried about something. And Fraud, waste, and abuse restricts about $100 billion out of the healthcare system, driving an affordability crisis. If you're worried about Medicare being there for you when you retire, and many Americans are, we would double the life expectancy of the Medicare trust fund if we could deal with the fraud in the system. (16:31–16:38)

CLAIM

Asserts that fraud, waste, and abuse cost the healthcare system $100 billion, affecting affordability.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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