Shannon Skinner (she/her) on Nostr: Let's talk about the American Association of Retired Persons, the AARP. The AARP ...
Let's talk about the American Association of Retired Persons, the AARP.
The AARP purports to advocate for American retirees and near-retirees.
The AARP Public Policy Institute publishes analysis that ostensibly advocates for its members.
Exhibit A: Their latest report finds that "list prices for 25 top Medicare Part D drugs have increased by an average of 226 percent—or more than tripled—since they first entered the market, greatly exceeding the corresponding rate of general inflation."
But... AARP maintains a partnership with the largest US health insurer, United Healthcare Group, to run a privatized, for profit, Medicare Advantage Plan.
UHG is AARP’s largest business partner, marketing these MA plans under the AARP brand name. In 2017, AARP recognized $301 million in membership dues, while reporting $627 million in royalties from UHG (2017). This includes profits from prescription drug coverage.
From 2009 to 2017, AARP saw a 47% increase in UHG royalties while membership dues only increased 22%.
AARP stopped disclosing the royalty revenue they received from UHG in 2018.
AARP is a wolf-in-sheep's-clothing, duplicitous organization.
#AARP #Healthcare #GetProfitOutOfHealthcare #Insurance #Medicare #USPol #USPolitics
The AARP purports to advocate for American retirees and near-retirees.
The AARP Public Policy Institute publishes analysis that ostensibly advocates for its members.
Exhibit A: Their latest report finds that "list prices for 25 top Medicare Part D drugs have increased by an average of 226 percent—or more than tripled—since they first entered the market, greatly exceeding the corresponding rate of general inflation."
But... AARP maintains a partnership with the largest US health insurer, United Healthcare Group, to run a privatized, for profit, Medicare Advantage Plan.
UHG is AARP’s largest business partner, marketing these MA plans under the AARP brand name. In 2017, AARP recognized $301 million in membership dues, while reporting $627 million in royalties from UHG (2017). This includes profits from prescription drug coverage.
From 2009 to 2017, AARP saw a 47% increase in UHG royalties while membership dues only increased 22%.
AARP stopped disclosing the royalty revenue they received from UHG in 2018.
AARP is a wolf-in-sheep's-clothing, duplicitous organization.
#AARP #Healthcare #GetProfitOutOfHealthcare #Insurance #Medicare #USPol #USPolitics