Paul Ryan at AARP Convention

[Jebby]

Ryan received a mixed response when he called for repealing Obamacare. I hope these seniors realize how bad that law will be for them..

[youtube=425,350]http://www.youtube.com/watch?v=lHeGklXhZI0[/youtube]

[Undies]

Mixed?  I took it that half the Blue Hairs were cheering Rep. Ryan and the other half was booing Obama(don't)care.

[CG6468]

What could anyone expect from the AARP?

[Ballygrl]

Here's the reason for the booing, if it's repealed they lose a lot, they're a self serving organization:

http://www.forbes.com/sites/aroy/2012/09/22/the-aarps-2-8-billion-reasons-for-supporting-obamacares-cuts-to-medicare/

How the AARP Made $2.8 Billion By Supporting Obamacare's Cuts to Medicare

As you know if you’ve been reading this blog, Obamacare cuts $716 billion from Medicare in order to pay for its expansion of coverage to low-income Americans. It’s one of the reasons why seniors are more opposed to the new health law than any other age group. So why is it that the group that purports to speak for seniors, the American Association of Retired Persons, so strongly supports a law that most seniors oppose? According to an explosive new report from Sen. Jim DeMint (R., S.C.), it’s because those very same Medicare cuts will give the AARP a windfall of $1 billion in insurance profits, and preserve another $1.8 billion that AARP already generates from its business interests.

Here’s how it works. AARP isn’t your every-day citizens’ advocacy group. The AARP is also one of the largest private health insurers in America. In 2011, the AARP generated $458 million in royalty fees from so-called “Medigap” plans, nearly twice the $266 million the lobby receives in membership dues.

Medigap plans are private insurance plans that seniors buy to cover the things that traditional, government-run Medicare doesn’t, like catastrophic coverage. Medigap plans also help seniors eliminate the co-pays and deductibles that are designed to restrain wasteful Medicare spending.

AARP blocked Medigap reforms, saving the group $1.8 billion

Adding catastrophic coverage to Medicare, while restraining the ability of Medigap plans to waste money, is a key to Medicare reform, one that has been a big part of bipartisan plans in the past. According to the Kaiser Family Foundation, the Medigap reforms that AARP blocked would have saved the average senior as much as $415 in premiums per year.

But the AARP aggressively, and successfully, lobbied to keep Medigap reforms out of Obamacare, because AARP receives a 4.95 percent royalty on every dollar that seniors spend on its Medigap plans. Reform, DeMint estimates, would have cost AARP $1.8 billion over ten years.

-continued at the link-

[J P Sousa]

  The AARP is also one of the largest private health insurers in America.   

They always were an insurance company. They decided that pretending to be a "voice for senior citizens", would guarantee a "captive group".

BTW: anyone belong to a "conservative" equivalent ?


.

[CG6468]

If I'm correct, the AARP is not an insurance company. It brokers insurance through The Hartford. (See the long and obnoxious TV ads.)

[J P Sousa]

Looks like it started out as an insurance company, and it's still a little fuzzy which is why congress investigated.

Dr. Ethel Percy Andrus founded AARP in 1958. AARP evolved from the National Retired Teachers Association (NRTA), which Andrus had established in 1947 to promote her philosophy of productive aging, and in response to the need of health insurance for retired teachers.

(break)

 According to Charles Blahous, the investigations did not reveal sufficient evidence to change the organization's status,[6] though in an interview years later by the Des Moines Register, Senator Simpson remained "troubled by AARP's practices", calling AARP "the biggest marketing operation in America and money-maker" and an organization whose practices are "the greatest abuse of American generosity I witnessed in my time in the U.S. Senate."[7]

http://en.wikipedia.org/wiki/AARP#History

 AARP’s Insurance Business
In 2010, AARP, Inc., the 501(c)(4) tax-exempt social welfare organization, was run by 22 board members.(22) However, seven of these board members also composed the entire board of the “for-profit” AARP Insurance Plan,(23) a grantor trust. Further, an additional two AARP, Inc., board members sat on the board of AARP Services, Inc., which negotiates the lucrative contracts with AARP’s insurance business partners.(24) Therefore, in 2010, nearly half of AARP, Inc.’s board members also served on boards of AARP entities that either manage the royalty revenue or negotiate payments from insurance companies to AARP. The chart below details the overlapping leadership between AARP affiliated entities.

http://waysandmeans.house.gov/uploadedfiles/aarp_report_final_pdf_3_29_11.pdf
 

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[Lacarnut]

If I'm correct, the AARP is not an insurance company. It brokers insurance through The Hartford. (See the long and obnoxious TV ads.)

They are a 3rd party flim flam rotten organization that gets commissions off of everything that is sold thru AARP. One of the worst things that they sell is mutual funds. I pity those seniors that have those because they are bottom dwellers and have some of the highest fees. Losses on their mutual funds have been very high in past years.

Losing members is no big deal to them cause the dues amount to peanuts; the big money is in the crap they sell from auto insurance to medical care. Speaking of medical care, Florida will be the only state that will be allowed to carry Medicare Advange plans. The rest of us suckers will have to get Medicare gap. Guess who sells the most of those policies in the US? AARP does. No wonder the liberal board at AARP loves Obamacare. They will make billions when Obamacare outlaws Medicare Advantage plans.

AARP has been audited by the IRS and been forced to pay income tax on tangible products that they have sold. They should have their tax exempt status revoked. 

[CG6468]

We completey agree on the damned AARP.

[sunsettommy]

They always were an insurance company. They decided that pretending to be a "voice for senior citizens", would guarantee a "captive group".

BTW: anyone belong to a "conservative" equivalent ?


.

There are several to chose from:

Generation America

AMAC

ASA

[NHSparky]

If I'm correct, the AARP is not an insurance company. It brokers insurance through The Hartford. (See the long and obnoxious TV ads.)

Either way, the main (hell, ONLY) reason for AARP's existence is to sell insurance, much like the NCOA was an insurance scam when I was in the Navy.

[Chris_]

AARP sells Medicare supplemental (Medicare gap) insurance through United Healthcare.  As near as I can tell, they're a marketing vehicle who skim off the top every time one of their members buys something through them.

[Lacarnut]

AARP sells Medicare supplemental (Medicare gap) insurance through United Healthcare.  As near as I can tell, they're a marketing vehicle who skim off the top every time one of their members buys something through them.

Yep

When Obamacare is fully implemented Medicare Advantage plans which can be purchased in every state now will be outlawed except the state of Florida. In it's place, Medigap will be offered. AARP sells more of those policies than any other entity. No wonder the liberal scum at AARP love Obamacare. It is going to make them billions.

[Chris_]

The only time AARP promotes anything for seniors, you can guarantee they're getting a cut.  It's another way for them to pad their bottom line and keep the scam going.  Whether it's through the taxpayer or their own members, AARP is nothing more than a private company masquerading as an "advocate" in return for higher profits for themselves.

It's not the profit I dislike.  It's the dishonesty.

[rich_t]

The only time AARP promotes anything for seniors, you can guarantee they're getting a cut.  It's another way for them to pad their bottom line and keep the scam going.  Whether it's through the taxpayer or their own members, AARP is nothing more than a private company masquerading as an "advocate" in return for higher profits for themselves.

It's not the profit I dislike.  It's the dishonesty.

Bingo.

[Jebby]

[youtube=425,350]http://www.youtube.com/watch?v=VD4O_MDnZuI[/youtube]

[NHSparky]

I swear to Christ if I could dickpunch you through this monitor, I would have done so by now. 

GDIAF.