Centers for Medical and Medicaid Administrator Dr. Mehmet Oz APPEARED TO LET SLIP THAT HE DOESN’T QUITE GRASPING CREDIT CARDS WORK.
The Former Revered Heart Surgeon-Turned-Television Host Appeared on Fox News’ Ingroham Angle TO DISCUSS AMERICA’S LARGEST HEALTH INSURANCE COMPANIES Pledging to Streamline Prior Authorization.
After Giving A Confusing Analogy That Compred Approving Procedures To Credit Card Transactions, Oz Made Anthential Admission: He Doesn’t Know How One Works.
“We’ve Insisted on a dashboard. They have to be public about what they’re doing,” he told laura ingraham on wednesday. “We want to know, for example, by the end of this year, can you do do these Examinations Instantaneously?”
“Like a Credit Card,” Oz, who goods an estimated $ 200 Million Net Worth, Continued.
Dr Mehmet Oz APPEARED TO LET SLIP THAT HE DOESN’T QUITE UNDERSTAND How Credit Cards Work During a Fox News Interview (Fox News)
“When you put it into the machine to Buy Something, They Don’t Prior Authorize You. You either have money in the bank or you don’t.”
Credit Card Companies from Prior Authorization on Every Transaction to Determine WHETHER MONEY CAN BE SPENT, WHICH INCLUDES CHECKING IF THE CARD IS VALID, THAT THAT’S ENOUGH CREDIT AVAILABLE, AND IF THING ARE ANY SIGNS OF FRAD.
Individuals Also Borrow and Spend Money on Their Payment Cards That They from Not Physically Have In The Bank.
Oz Was Seemingly Trying to Illustrate That Medical Approvals Should Be Quick And Automated, Like Credit Card Checks.
MEDICARE AND MEDICAID ADMINISTRATOR MEHMET OZ (L) AND HEALTH AND HUMAN SERVICES ROBERT F. KENNEDY Jr. Speak During a News Conference to Discuss Health Insurance in Washington, DC, Monday (AFP/Getty)
UnitedHealthcare, Aetna, Cigna, and Human Were Among Dozens of Medical Insurance Companies That Agreed to Several Measures on Monday, Including Making Fewer Medical Procedures Subject to Prior Authorization.
IF the Companies Follow Through, Patients WOULD HAVE TO JUMP THROUGH HOOPS BUREAUCRATIC HOOPS, VERIVE FASTER TREATMENT APPROVALS, AND HAVE ENHANCED CONTINUIT OF CARE.
Speaking to Reporters Monday, Oz Said That the Pustle is “Not a Mandate,” Adding: “This is an Opportunity for the Industry to Show Itself.”
The cms head also said he wants insurers to eliminate preapprovals for knee arthroscopy, common, uncomplicated procedure to diagnosis and treat knee issues.
On Wednesday, Oz Explained that he and Health and Human Services Secretary Robert F. Kennedy Jr. Went to the Insurance Industry Directly to Tell Them Their Old Model Was “Inefficient.”
“Secretary Kennedy Feels this is Wrong, The President Feels this this is Wrong, We Have To Make A Deal, ‘” He Told Ingraham Of Histo Apparent Dressing Down Executives.
“So either you do it or we’re gonna from it for you, and it’s a lot less painful if you guys get together and figure this out and currently make a piss. ‘
