CMS Administrator Dr. Mehmet Oz said the administration plans to extend Medicare’s solvency through drug-price reforms, fraud enforcement and technology, including artificial intelligence. In a Sunday interview on CBS News’ "Face the Nation," moderator and senior foreign affairs correspondent Margaret Brennan cited a projection that Medicare’s trust fund could become insolvent in seven years, potentially triggering an 11% payment reduction. Oz said the fund "will last twice as long" if Medicare fraud is eliminated and claimed CMS cut $42 billion in Medicare fraud during the previous year. He identified the proposed Great American Health Act, including codified most-favored-nation drug pricing, as the administration’s plan. Oz said 17 pharmaceutical companies representing 85% of the drug sector had agreed to the approach and that eligible Medicare beneficiaries could obtain some GLP-1 medications for $50 a month, compared with more than $1,000 previously. He also cited artificial intelligence, expanded medical-record access and broader anti-fraud efforts as potential sources of savings. Medicare’s Part A Hospital Insurance trust fund is projected to be depleted in 2033, with incoming revenue covering about 89% of scheduled Part A expenses; Part B spending is projected to rise 8.5% annually through 2030 and Part D spending 9.4% annually.