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Mehmet Oz: “The amount of fraud is so massive that it's easier to open…”

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

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Vice President Vance and Administrator Oz Announce Actions to Address Fraud, Waste, and Abuse

Published | Video Starts at 14:21

So there are two times twice as many durable medical equipment suppliers in south Florida than McDonald's. Wow. And that's not because Secretary Kennedy is closing down McDonald's. That's because The amount of fraud is so massive that it's easier to open one of these suppliers than open a bank account. Which is why we're working with Secretary Besant. And part of the reason for this moratorium is it gives us time to be able to deal with these issues that have become massive. (14:21–14:28)

CLAIM

Asserts that fraud in the durable medical equipment sector is so extensive that opening a supplier is easier than opening a bank account.

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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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