AARP recently offered support for the health reform legislation that is currently circulating in Congress.
As discussed by Grace Marie Turner in a recent Chicago Tribule piece, there is a case to be made that AARP's support of the legislation directly conflicts with the best interests of its 40 million members.
AARP receives more than half of its $1.1 billion annual budget from fees related to endorsement and sale of health insurance and other retiree financial services products.
So called "Medigap" policies comprise a major portion of AARP's fee revenue.
Health reform legislation would potentially enhance the importance and attractiveness of Medigap policies by making significant cuts to the Medicare Advantage program.
The full article is very worthwhile.
Source: Chicago Tribune
- Log in to post comments
