• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
PoliticsDonald Trump

Mehmet Oz endorsed products without noting financial ties, watchdog says

By
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Bloomberg
Bloomberg
Down Arrow Button Icon
December 3, 2024, 8:19 PM ET
Dr. Mehmet Oz.
Mehmet Oz, the celebrity doctor named to oversee Medicare in the Trump administration, posted online endorsements of herbal products that threaten to run afoul of US marketing rules, according to a health watchdog.Photo by Mark Makela/Getty Images

Mehmet Oz, the celebrity doctor named to oversee Medicare in the Trump administration, posted online endorsements of herbal products that threaten to run afoul of US marketing rules, according to a health watchdog.

Recommended Video

Oz regularly touted products from iHerb, a supplement company, in posts on X and other social media sites, without prominently noting his position as a paid adviser, according to a letter from Public Citizen. The nonprofit consumer advocacy group urged the Bureau of Consumer Protection to investigate whether Oz violated Federal Trade Commission rules for influencer marketing. 

Oz didn’t immediately respond to an emailed request for comment. 

President-elect Donald Trump’s appointees to run the nation’s health agencies have been assailed by Democratic lawmakers for their embrace of unproven medical theories, such as Robert F. Kennedy Jr.’s vaccine skepticism. With 3.7 million followers on X and 1.1 million on Instagram, Oz has already come under fire for his enthusiastic endorsements of products such as green coffee bean extract and raspberry ketone. 

Running the Centers for Medicare and Medicaid Services “is a position of trust which, among other things, requires protecting taxpayers from fraudsters and scammers,” Robert Weissman, Public Citizen’s co-president, said in a statement. “If Dr. Oz is careless about fair advertising rules himself, can we expect him to crack down on those who would bilk Medicare?”

In frequent posts that mention iHerb, Oz failed to note that they were advertisements and that he’s a stakeholder in the company, according to Public Citizen. According to FTC rules, endorsement disclosures should be made with every promotion.

Thanksgiving is a perfect excuse for practicing gratitude — which also happens to be a proven way to reduce stress. You can also reduce stress with adaptogens like ashwagandha from a trusted source like @iHerb. Happy Thanksgiving! https://t.co/YhPf8fLbiT

— Dr. Mehmet Oz (@DrOz) November 27, 2024

As head of the CMS, Oz would oversee an agency that manages health care for more than one-third of Americans with $1.7 trillion in annual spending. Oz has also promoted private versions of Medicare, the government program for seniors, and invested in companies that sell them.

Oz and his wife, Lisa, have disclosed holdings in UnitedHealth Group Inc., the biggest US health insurer, of at least $250,001. The holdings were disclosed in a form that Oz filed as part of his candidacy for a Senate seat in Pennsylvania in 2022. 

The couple also held smaller stakes in CVS Health Corp. stock, the parent company of insurer Aetna, and Cigna Group, according to the disclosure. 

Those stocks suffered in recent months as the Biden administration moved to restrict payments, stiffening rules that limit reimbursement. Stocks including Humana and CVS also fell as CMS reduced quality ratings, called stars, that determine future payments. 

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
Fortune Secondary Logo
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

EconomyDebt
U.S. debt is like a Hallmark movie boyfriend who eventually gets dumped for a small town firefighter, budget watchdog warns 
By Jason MaMarch 13, 2026
4 minutes ago
A man with a grocery cart peruses a dairy aisle in Costco.
LawTariffs
Americans are demanding refunds from the $180 billion in tariffs they paid for, and they’re suing companies like Costco to make it happen
By Sasha RogelbergMarch 13, 2026
2 hours ago
President Donald Trump
EnergyMiddle East
The war in Iran has caused the biggest oil supply disruption in history, energy watchdog says, and a swift end to the conflict might not change that
By Tristan BoveMarch 13, 2026
3 hours ago
Reserve Chair Jerome Powell arrives to speak during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on January 28, 2026 in Washington, DC.
Economyfed interest rate
Trump again pushes Powell to drop interest rates ‘IMMEDIATELY’ — but a zero-cut year looks increasingly likely
By Eleanor PringleMarch 13, 2026
8 hours ago
Trump
Economynational debt
‘The conflict in Iran demonstrates why we need to keep our national debt at a reasonable level’: think tank sees economic emergency around the corner
By Nick LichtenbergMarch 13, 2026
14 hours ago
iran
Middle EastMiddle East
Iran’s new Supreme Leader warns of ‘opening other fronts’ in first statement from hiding
By Jon Gambrell, David Rising, Mike Corder, Natalie Melzer and The Associated PressMarch 12, 2026
1 day ago

Most Popular

placeholder alt text
Economy
'This cannot be sustainable': The U.S. borrowed $50 billion a week for the past five months, the CBO says
By Eleanor PringleMarch 10, 2026
3 days ago
placeholder alt text
Personal Finance
The national debt isn't $39 trillion. One economist says it's actually $100 trillion
By Nick LichtenbergMarch 13, 2026
13 hours ago
placeholder alt text
North America
The U.S. Mint dropped the olive branch from the dime. What does that mean for the country?
By Catherina GioinoMarch 12, 2026
20 hours ago
placeholder alt text
AI
'Proceed with caution': Elon Musk offers warning after Amazon reportedly had mandatory meeting to address 'high blast radius' and AI-related incidents
By Sasha RogelbergMarch 11, 2026
2 days ago
placeholder alt text
Future of Work
'I don't know if we're ready': Governors from each party appalled at 100-year-old federal workforce strategy
By Catherina GioinoMarch 12, 2026
1 day ago
placeholder alt text
Economy
Trump's immigration crackdown is backfiring by hurting the U.S.-born workers it was meant to help, data shows
By Sasha RogelbergMarch 10, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.