Updated
Updated · Fox News · Jul 19
Mehmet Oz Says 1 More Working Year Could Add $1 Trillion to US Economy
Updated
Updated · Fox News · Jul 19

Mehmet Oz Says 1 More Working Year Could Add $1 Trillion to US Economy

2 articles · Updated · Fox News · Jul 19

Summary

  • $1 trillion in added economic value could come from Americans staying healthy enough to work one extra year, CMS Administrator Mehmet Oz said in an interview in Washington.
  • Oz tied that goal to cutting healthcare costs through better-quality care, arguing that poor treatment creates expensive downstream complications and that payment should reward value rather than procedures.
  • Fewer than half of Medicare beneficiaries use their free annual wellness visit, he said, leaving conditions undetected and often leading to costlier treatment later.
  • Oz also backed safe use of AI, new medicines and screening tools to deliver care more effectively and keep older Americans active, framing better health as both a fiscal and workforce strategy.

Insights

Dr. Oz promises huge savings, but will value-based care actually lower out-of-pocket costs for American families?
How will CMS prevent AI from worsening health disparities for millions while also pursuing deregulation?
As new mandatory payment models roll out, how will CMS ensure independent doctors can survive and compete?