THE AMERICAN ASSOCIATION FOR RETIREE PLUNDER

My latest column for the American Spectator discusses the betrayal of seniors by the AARP and the upcoming congressional hearing to which its principals have been summoned:

The unholy alliance between AARP and the Democrats on ObamaCare has not been lost on the new Republican majority in the House. Two members of the Ways and Means Committee, Rep. Wally Herger (R-CA) and Rep. Charles Boustany (R-LA) have announced a hearing to be held this Friday.

Why investigate AARP?

As Rep. Boustany phrased it, “In light of AARP’s dependence on its income from insurance products, there is good reason to question whether AARP is primarily looking out for seniors or just its own bottom line.”

There is indeed. Only about 20% of its $1.3 billion in annual revenue comes from membership dues. AARP makes most of its money from insurance policies sold to its members. Read the rest of the article here.

UPDATE:

It appears that the GOP has now called for an IRS investigation of AARP, and questioned whether it should retain its tax exempt status. The obvious answer is NO. AARP is a for-profit insurance company disguised as an advocacy group.

  

Comments 1

  1. George Adams wrote:

    When my father, John H. Adams, entered the Autumn Healthcare nursing home in Somerset, Ohio, in Janury, his insurance was involuntarily switched to AARP. My initial inquiries and protests were met with the standard “Oh, he probably either forgot signing up for it or he didn’t understand what he was signing.

    When I found proof that the switch was made after he was no longer capable of communicating his desires, I presented that proof to a state senator who got the Ohio Department of Insurance to look into it. (I had previously contacted that department, but did not have enough clout to get them to investigate.)

    Now the nursing home has admitted that they “inadvertently” signed him up for AARP because they “misunderstood the new Part D rules.”

    I have contacted various agencies trying to find out what made them think they were supposed to switch him to AARP and how they are able to do so without permission from a patient/guardian/power of attorney.

    No one is willing to treat the case as anything more than one person at one nursing home made one mistake on behalf of one patient. I think it is a systemic problem that recruits thousands of unknowing contributors to AARP.

    Posted 31 Mar 2011 at 1:59 pm

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