STAT+: Dr. Oz plans to sell insurance, hospital, and pharma stocks, step down from supplement company if confirmed

Mehmet Oz, President Trump’s pick to oversee Medicare and Medicaid, pledged to sell off a vast collection of highly valuable stock holdings, including in companies that do business with the agencies he’ll oversee if confirmed for the role. 

Disclosures filed with the Office of Government Ethics show Oz  owns stock in the country’s biggest private health insurer, UnitedHealth Group, and in its biggest hospital chain, HCA Healthcare, as well as dozens of other companies, including drugmakers and technology vendors.

In a February 16 letter to Randall Hall, the designated ethics official for the U.S. Department of Health and Human Services, Oz pledged to sell all of those stocks as well as resign from advisory roles and divest from several investment funds if confirmed as administrator of the Centers for Medicare and Medicaid Services. 

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