Why AARP Endorses the Health Care Bill

Arthritis Foundation Forum

Home

Welcome Guest ( Login | Register )

Rate Topic

Display Mode

Topic Options

Author

Message

Grandpavan

Posted Monday, November 09, 2009 6:16 PM

Group: Forum Members
Last Login: Today @ 12:42 AM
Posts: 5,205, Visits: 4,280

I knew AARP made a lot of money from their insurance sales but I didn't know how much. They are essentially a government-endorsed insurance company seeking a monopoly. God bless.
http://action.afa.net/email/online.aspx?cid=718&mid=12320479&tid=aa&utm_source=smAFA&utm_medium=email&utm_campaign=718

Age 82, diagnosed RA 12/2001, married since 1952, 4 sons no daughters, 4 grandsons 1 granddaughter. Doing well on Methotrexate and Remicade.

Post #4259718

Top

DonnaT

Posted Tuesday, November 10, 2009 5:21 PM

Group: Forum Members
Last Login: Sunday, March 14, 2010 11:30 PM
Posts: 113, Visits: 448

The annual report gives a fairly clear picture.

“Royalties are received from AARP branded third party providers of member benefit programs, in return for the rights to use AARP’s intellectual property (including name, logo and mailing list) in offering programs. These royalties are recognized as revenue as earned.”

AARP makes certain types of insurance available to its members through third party insurance carriers. Agreements between AARP, Inc., AARP Services, United HealthCare Corporation (United), Metropolitan Life Insurance Company (MetLife), Genworth Life Insurance Company (Genworth) and Aetna Life Insurance Company (Aetna) make certain types of insurance available to AARP members.

2008 Membership $249,314,000 Royalties $652,701,000
2007 Membership $249,343,000 Royalties $497,635,000

Post #4260578

Top

« Prev Topic | Next Topic »

All times are GMT -5:00, Time now is 1:13pm

Execution: 5.445. 44 queries. Compression Disabled.