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Medicare, Money and Motivation: How AARP Stands to Profit under Democrats’ Health Care Law
Friday, August 17, 2012
AARP is being held up again today as a credible source committed to protecting seniors – this time in a new round of attacks on bipartisan policies that would extend the solvency of the Medicare program. This is the same AARP that hailed the law as benefitting seniors, despite a recent estimate by the Congressional Budget Office that the law cuts Medicare by more than $700 billion to fund a new entitlement program. The Obama Administration’s own actuaries warned the Democrats’ law could jeopardize seniors’ access to health care. However, according to a 2011 Congressional investigation of AAAP, it just so happens that the bulk of these cuts will likely result in AARP growing their revenues by more than $1 billion between 2011 and 2021 alone.
AARP’s Financial Interest in Medicare Cuts in the Democrats’ Health Care Law