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In reply to the discussion: I have been an AARP member for 14 years, I'm done with them after this [View all]leftstreet
(38,012 posts)49. They love for-profit healthcare
Health Care Nov 21, 2022
Why Is AARP Boosting Medicare Privatization?
Meanwhile, AARP has been reaping the financial benefits of its own Medicare Advantage plan, which it has been offering in partnership with the for-profit insurance giant UnitedHealthcare since 2003. Starting in 2021, AARP also launched a lucrative partnership with the major Medicare outsourcing firm Oak Street Health, which is a participant in the ACO Realizing Equity, Access, and Community Health (REACH) program that privatizes Medicare benefits for seniors without their consent, as reported by Kaiser Health News in June.
In 2021, AARP earned $814 million in royalties for its health care work, according to a recently released financial statement reviewed by The Lever. That figure is more than double what the organization collects in dues, and is 20 percent higher than 2018.
At the direction of the third party insurance carriers, the plan pays AARP, Inc. a portion of the total premiums collected for the use of its intellectual property, which is reported as royalties in the consolidated statements of activities, AARP explains in its latest tax filing.
https://www.levernews.com/why-is-aarp-boosting-medicare-privatization/
Why Is AARP Boosting Medicare Privatization?
Meanwhile, AARP has been reaping the financial benefits of its own Medicare Advantage plan, which it has been offering in partnership with the for-profit insurance giant UnitedHealthcare since 2003. Starting in 2021, AARP also launched a lucrative partnership with the major Medicare outsourcing firm Oak Street Health, which is a participant in the ACO Realizing Equity, Access, and Community Health (REACH) program that privatizes Medicare benefits for seniors without their consent, as reported by Kaiser Health News in June.
In 2021, AARP earned $814 million in royalties for its health care work, according to a recently released financial statement reviewed by The Lever. That figure is more than double what the organization collects in dues, and is 20 percent higher than 2018.
At the direction of the third party insurance carriers, the plan pays AARP, Inc. a portion of the total premiums collected for the use of its intellectual property, which is reported as royalties in the consolidated statements of activities, AARP explains in its latest tax filing.
https://www.levernews.com/why-is-aarp-boosting-medicare-privatization/
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I have been an AARP member for 14 years, I'm done with them after this [View all]
Omaha Steve
Oct 30
OP
'I don't think so': Senator Fischer questions government role in solving Nebraska's nursing shortage
SARose
Oct 30
#2
I understand how you feel, but AARP does not exist to "snub Republicans" to make you happy.
QueerDuck
Oct 31
#12
Don't worry. When the far right goes grievance shopping, they accuse the AARP of being "too far left"...
QueerDuck
Oct 31
#37
I think you have the AARP confused with some other organization. That's not what they do.
QueerDuck
Oct 31
#24
Thank-you, and I agree. I see some going out of their way trying to encourage people to
lostincalifornia
Oct 31
#28
I get we hate GOPers, but family care giver legislation doesn't seem bad, especially where government pays
Silent Type
Oct 30
#4
When you get to the point that you hate the other side to the point that they can get no credit, that's scary
EdmondDantes_
Oct 30
#7
Except Fischer didn't say "let people die," as far as I know. I'm glad she's supporting family/home care. I suspect
Silent Type
Oct 31
#38
Hate on. I'm glad she's supporting home care. I'm glad MTG is supporting ACA subsidies because we can't do it ourselves
Silent Type
Oct 31
#42