$50 Weight Loss Drugs For Medicare Patients | Dr. Oz Announces Major Healthcare Reform Plan
What this video covers
The Financial Express posts CMS Administrator Dr. Mehmet Oz’s June 2, 2026 White House press briefing in full. Oz leads with drug pricing — an expanded TrumpRx.gov transparency site and $50-a-month GLP-1 weight-loss drugs for eligible Medicare beneficiaries starting July 1 — then lays out a fraud crackdown spanning Minnesota autism services, California hospices, and Florida equipment suppliers. The Q&A ranges across the new Medicaid work-requirement rule, alleged ACA and Medicaid enrollment fraud, Ebola preparations ahead of the World Cup, and the state of President Trump’s health.
Key points
- Oz says US drug prices run about three times overseas prices for identical products — “global freeloading” — and that the 17 largest pharmaceutical companies agreed to most-favored-nation pricing; he cites a Council of Economic Advisers estimate of $600 billion in savings over 10 years.
- Oz announces 160 more drugs added to TrumpRx.gov, taking it past 750, and says the site drew about 12 million unique visitors and an estimated $500 million in savings in the two weeks since the previous event.
- Starting July 1, Oz says, eligible Medicare beneficiaries can obtain GLP-1 weight-loss drugs for $50 a month against list prices of well over $1,000; pressed in Q&A, he says the TrumpRx products are the brand-name versions made by Novo Nordisk and Eli Lilly.
- On fraud, Oz says CMS deferred $350 million to Minnesota after what he calls the largest autism-services takedown, suspended payments to roughly 850 California hospices — nearly half in the state — and notes hospice volume rose sevenfold in Nevada as operators relocated; Florida, he says, asked for a moratorium on durable medical equipment suppliers, which he says outnumber McDonald’s in South Florida two to one.
- Oz defends the Medicaid work-requirement rule issued the day before — 20 hours a week of work, volunteering, or education for able-bodied adults — citing actuaries’ estimates that the program would otherwise cost $5.4 trillion more over a decade, and saying able-bodied recipients average 6.1 hours a day watching television.
- Oz claims roughly 35% of ACA exchange enrollees have never filed a claim and may be improperly enrolled — possibly five to six million people — and that about $2 billion in federal tax dollars went to people in the country illegally, with California told it owes $2 billion, half already recouped.
- Asked repeatedly about Trump’s fourth checkup, Oz calls the president’s numbers “spectacular” and the exams routine; on Ebola, he says NIH Director Jay Bhattacharya is running surveillance with airport testing tools, and he declines several questions about acting DNI nominee Bill Pye as “out of my lane.”