Tuesday, August 1, 2017

UPDATE: Beware Those 'Helping' You

I previously posted on the UN-helpfulness of the AARP brand, which purports to work for seniors, but seems more inclined to exploit them. Today's Forbes has an article that explains more about this.

One facet of their conflict of interest with seniors:
The AARP is also one of the largest private health insurers in America. In 2011, the AARP generated $458 million in royalty fees from so-called “Medigap” plans, nearly twice the $266 million the lobby receives in membership dues.
There's more, and it's worse:
AARP Medigap plans are exempted from most of Obamacare’s best-known insurance mandates. AARP Medigap plans are exempted from the ban that requires insurers to take all comers, regardless of pre-existing conditions.  

No comments:

Post a Comment

Putting the Love Back In

Long-term relationships sometimes can stall out, for lack of emotional warmth. It's not that the partners DIS-like each other, they just...