2.8 Billion Reasons Why AARP Supported ObamaCare

Follow the money:

According to an analysis by Representatives Wally Herger (R., Calif.) and Dave Reichert (R., Wash.), Obamacare’s cuts to the Medicare Advantage program, by driving seniors out of that program and back into traditional Medicare, could earn AARP over $1 billion over the next ten years, because AARP makes nearly half a billion dollars per year collecting royalties from supplemental Medigap policies sold by private insurers. Those Medigap policies are primarily sold to seniors in the traditional, government-run Medicare program.

In other words, AARP is poised to make billions thanks to Obamacare’s cuts to Medicare Advantage. As it is, the interest group makes almost twice from its Medigap royalties what it gets in membership dues. So it’s no wonder that AARP supported Medicare cuts that would be unpopular with seniors: Its own financial interests won out.

Democrats considered reforming the Medigap system instead of cutting Medicare’s payments to hospitals and doctors. But AARP fought those reforms, and they were left out of the bill. A separate analysis by Senator Jim DeMint (R., S.C.) calculates that keeping Medigap reform out of Obamacare saved AARP another $1.8 billion over ten years. That’s a total of $2.8 billion, with billions more in future profits.

  • http://www.facebook.com/profile.php?id=1329373914 Ralph Oliver

    AARP is another liberal group that lies to the American public.

  • http://www.facebook.com/profile.php?id=1614608459 Byron Kim Cromer

    Based on Romneycare ……

  • http://www.facebook.com/profile.php?id=100000201403211 Bill Townsend

    aarp don’t get my money !!!!

  • http://www.facebook.com/profile.php?id=1258005134 Kevin O’Reilly

    Romney care was 28 pages long.Obamacare is over 1400 pages long they ARE NOT the same.

  • http://www.facebook.com/profile.php?id=663149226 Jerry Sewell
  • http://www.facebook.com/profile.php?id=663149226 Jerry Sewell

    Vote Gary Johnson!!

  • http://www.facebook.com/profile.php?id=100003177416619 Ronald Stanberry

    AARP has profited more than 1 Billion dollars from Obamacare, selling their “supplemental” insurance plans. They supported Obama in a huge way. Corporate “turncoats”……Keep the Faith……ron

  • http://www.facebook.com/profile.php?id=549719863 Bob Jones

    Went to an AARP sssion on Medicare. First, AARP claimed to be non-partisan (lol) then never once metioned th 716 billion (with a B) Obama raided from Medicare. AND, went on to say Medicare will be solvent and unchanged in 20 years! I felt insulted when they believed I would buy what they were selling!

  • http://www.facebook.com/profile.php?id=1272411273 John Powers

    Tipoff was when the AARP hired Axelrod’s firm to lobby for them. So did Catholic Charities for that matter.

  • http://www.facebook.com/profile.php?id=744129474 Wayne A. Moore

    We are boycotting AARP due to their politics!

  • http://www.facebook.com/profile.php?id=1614608459 Byron Kim Cromer

    Angry Old White People …..the times they are a-changing ……

  • http://www.facebook.com/profile.php?id=1433777170 Barry Burch

    And those who have no compassion for the old people should pray you don’t live to be old under Obamacare. Stealing millions from the medicare fund they paid into all of their lives is just the beginning.

  • http://www.facebook.com/profile.php?id=100003804322489 Mark Nagle

    I have 7 years until I’m eligible and I won’t be aligning myself w/ that left-wing group of robber barons.

  • http://www.facebook.com/profile.php?id=1319209932 Katherine Riggs

    No, Byron, people being BRIBED…that’s nothing new. No, Byron, Dictatorships…they’re nothing new. It is just sad that this is what our GREAT COUNTRY is coming to because there aren’t enough Angry Old people (of ANY color)…

  • http://www.facebook.com/profile.php?id=100000380740966 Susan Bates Stead

    DROP AARP: Membership was AGAINST obamacare 14-1 (FOURTEEN TO ONE) but they supported it ANYWAY, using dues, etc., to fund their support because, ultimately, it benefited their profits.

  • http://www.facebook.com/profile.php?id=609382521 Jennifer Culpepper Whitley

    I dropped AARP when the dems started running ads using AARP as a supporter.

  • http://www.facebook.com/profile.php?id=1326815164 James Damron

    I am angry and will never again have anything to do with AARP

  • http://www.facebook.com/profile.php?id=1432061105 Pat Kayner Lesser

    AARP and United Healthcare have much to gain.

  • http://www.facebook.com/profile.php?id=100000529632828 Renee Jackson Grace

    I dropped my AARP a few years ago

  • http://www.facebook.com/profile.php?id=100000099353532 Tim Martin

    Why do you think thousands of seniors are dropping out of AARP? AARP is just as corrupt as the unions!

  • http://www.facebook.com/profile.php?id=100000963935036 Charlotte Gougeon

    I dropped them when I found out they were backing Obamacare.

  • http://www.facebook.com/profile.php?id=100000949332954 Kathy Prater

    and that is why i dont have aarp

  • Marilyn Sugrue

    Shame on you,AARP,you let millions of seniors down.OBAMACARE needs to be repealed,we need new leadership,we need Romney and Ryan.