AARP Weighing in on Some Health Insurance Reform Issues

Date: February 25, 2022       Category: Insurance/Health        Author: Kip Kelly

Insurance is one thing that anyone should have these days. This is more important these days than ever in past, because the life of people is like a gamble these days. Because of some internal and external causes, life of an individual is quite insecure these days. Reasons for this insecurity may be anything, like diseases, disorders, accidents and many more, but whatever might be those reasons, one thing is sure. I.e. a good health insurance policy helps to provide financial security and other types of security to man. Among different insurance providing companies, AARP health care reform service is one of the best affordable health insurance services.

There is a popular belief in America that AARP wins in its individual health insurance related issues whenever the seniors lose. This was the report of latest staff report which was released recently. There are two major plans namely Obamacare and Medigap. If these two most recent reforms are not properly implemented, it is feared that AARP will lose several billion dollars. AARP used all techniques to ensure that the bipartisan Medigap reforms were not passed by negotiations of super committee. If they were passed, they would have done a lot of good for seniors by lowering the costs on seniors. But it would have decreased the profits of AARP significantly, say by about 1.8 billion dollars. That is the main reason for which they lobbied against these reforms. An extensive exploration was done about this subject and as a result, a detailed report about the subject was prepared. This report reveals several aspects about the AARP that common man didn't know until then. Some important health insurance quotes of this report include:

1) AARP doesn't acts as an independent insurance body. AARP Weighing in on Some Health Insurance Reform Issues. It acts like a conglomerate body by lobbying about different matters. Former executives of AARP and other experts agree the fact that several billions of dollars which were earned by this AARP and they have compensated with the missions and independence of the organization is a better way.

2) Upton 50% or in some cases even more budget of AARP is obtained by various royalties, profits and commissions earned over different schemes. Seniors and dues earned from them constitute over 20% of total revenue earned by AARP every year.

3) In the year 2011, AARP had a total of $458 million in health insurance issues. That year it was placed at sixth place among the most profitable insurance schemes in entire country.

4) There was a close resemblance about the Obamacare and AARP working conditions. But there were some efforts in cheating the public about their products and those efforts acted as the most unfavorable conditions for everyone. That was a major blow for the reputation of AARP.

5) However there were many different policies adopted by Obama during his administration and they all helped AARP to a great extent to increase their revenue and profit margins.

6) Even today the democrats are praising the AARP for its reforms. Their services and policies are called as gold standard policies and now they are extolled everywhere in world. Despite all these factors, it is entirely in our hands to distinguish between the good and bad things of AARP and use it for our benefits.