
Why AARP Supports Insurers Over Seniors
The year 2024 exposed the lie behind the misnamed “Inflation Reduction Act.” Last summer, the Biden Administration announced a “premium stabilization demonstration”—a bailout of questionable legality—because otherwise seniors’ premiums for Medicare Part D prescription drug coverage would go through the roof. Instead of admitting the flaws of the law Democrats rammed through in 2022, the Biden Administration decided to use additional taxpayer funds to pay insurers an average of $100 million each, undermining Medicare’s financial stability. Why would AARP, which…
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