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AARP Obamacare Billions

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ONEBGG Member Level Grandfathered Member Monday, 10/21/19 04:33:40 PM
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AARP Obamacare Billions

How the AARP Made $2.8 Billion By Supporting Obamacare's Cuts to Medicare

The Apothecary
Contributor Group
Commentary from Forbes’
Policy Editor
More Than Two-Years Old


As you know if you’ve been reading this blog, Obamacare cuts $716 billion from Medicare in order to pay for its $1.9 trillion expansion of coverage to low-income Americans. It’s one of the reasons why seniors are more opposed to the new health law than any other age group. So why is it that the group that purports to speak for seniors, the American Association of Retired Persons, so strongly supports a law that most seniors oppose? According to an explosive new report from Sen. Jim DeMint (R., S.C.), it’s because those very same Medicare cuts will give the AARP a windfall of $1 billion in insurance profits, and preserve another $1.8 billion that AARP already generates from its business interests. ...

Charts and continuing story at:
https://www.forbes.com/sites/theapothecary/2012/09/22/the-aarps-2-8-billion-reasons-for-supporting-obamacares-cuts-to-medicare/?fbclid=IwAR2Kgy9qdunKZxskBAXsp76cNppuwrTjfRq09noZkycEitpV5D75Utqe3dM#685b9ec59350





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