Bloomberg News reports:
Mehmet Oz, the US Centers for Medicaid and Medicare Services leader, suggested he supports reducing federal Medicaid funding for the millions of people who gained access to the program through the Affordable Care Act.
The US government pays for a larger share of the medical costs for those people, compared with individuals who qualify for conventional Medicaid. Oz claimed that meant federal tax dollars were being siphoned away from the country’s sickest and most vulnerable to cover relatively healthier people.
“Because we pay 90% of the money for the able-bodied person and only, let’s say, 65% for a traditionally Medicaid poor, young, old or disabled person, it actually moves money to the able-bodied population,” Oz said at the Milken Institute Global Conference in Los Angeles on Monday.
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Mehmet Oz, the US Centers for Medicaid and Medicare Services leader, suggested he supports reducing federal Medicaid funding for the millions of people who gained access to the program through the Affordable Care Act https://t.co/2Mq0PzV9p6
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