Transcript: Dr. Mehmet Oz on "Face the Nation with Margaret Brennan," Aug. 23, 2026

The following is the transcript of an interview with Dr. Mehmet Oz, Centers for Medicare & Medicaid Services administrator, that aired on "Face the Nation with Margaret Brennan" on Aug. 23, 2026.MARGARET BRENNAN: And we are joined now by the Administrator of the Centers for Medicare and Medicaid Services, Dr. Mehmet Oz. Welcome back to Face the Nation.DR. MEHMET OZ: Thanks for having me.MARGARET BRENNAN: It is unquestionable here that healthcare costs are projected to rise in 2027, and this is a top concern. We see it in our polling in terms of economic worry for the average American. There's some good news, and I know you're watching this portion of it. There's this 3.1% drop year-over-year in drug prices, according to the Consumer Price Index for the month of July. Now that's not all drugs and generics played a role here. I know the administration wants to take credit for it, but can you give us some projection here? Are we going to see a further drop in drug prices, and if so, where, how much, who's going to benefit?DR. OZ: Well, I think drug prices are going to continue to drop. This is just what the doctor ordered. To be clear, this is the number one issue that Americans f...