Quote:
Originally Posted by dp000
AARP monies mostly comes from insurance companies.
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"AARP operates as a non-profit
advocate for its members and as one of the most powerful lobbying groups in the United States. AARP has two affiliated organizations: AARP Services Inc. which is managed wholly for profit, and the AARP Foundation, a charity that operates on a non-profit basis.
AARP Services Inc. offers: Medicare supplemental health insurance, discounts on prescription drugs and consumer goods, entertainment and travel packages, long-term care insurance and automobile, home and life insurance. It provides quality control over the products and services made available by AARP-endorsed providers.
According to AARP's 2008 Consolidated financials, it was paid $652,000,000 in royalties from insurance companies that sold products referred by AARP. AARP also received an additional $120,000,000 for the ads placed in its publications.[3]
The AARP Foundation's website says the nonprofit "wants to win back opportunity for those now in crisis, so thousands of vulnerable low-income Americans 50+ can regain their foothold, continue to serve as anchors for their families and communities and ensure that their best life is still within reach." Key areas of focus are hunger, income, housing and isolation.
The Foundation's vision is "a country that is free of poverty where no older person feels vulnerable."......
....AARP does a "thriving business" in marketing branded
Medigap policies. As of October 2009, Medical care reform contained a proposal to trim an associated program Medicare Advantage, which was expected to increase demand for Medigap policies. However, as cited above, AARP also brands a
Medicare Advantage plan (MedicareComplete), and would also be subject to cuts under health care reform.....
AARP - Wikipedia, the free encyclopedia