
Thomas Catenacci: ‘AARP Works Against Its Members’: AARP Overcharges Members While Reporting Billion-Dollar Revenues, Report Says
Although AARP is a 501(c)(4) non-profit organization, it has been consistently racking in large profits. AARP’s 4.95% fee that it charges members who enroll in Medigap policies has resulted in a House investigation and lawsuits. The Affordable Care Act awarded Medigap policies a series of favorable exemptions from key provisions in the bill. AARP finances its operations by overcharging members for health care policies and through its billion-dollar relationship with UnitedHealth Group, according to…
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