Dr. Boustany is the new Chairman of the Ways & Means Oversight Subcommittee and he opened today’s hearing with a useful summary of why Americans, particularly seniors, should be concerned about the activities and motives of AARP:
AARP has morphed into an insurance and advertising powerhouse. According to the most recent data we have, AARP, Inc. and its for-profit organizations annually process billions of dollars in insurance premiums, and earn nearly $700 million in insurance revenues and over $100 million in advertising revenues.
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