AARP Benefits Financially From Medicare Prescription Drug Benefit It Helped Pass
According to the Inquirer, "While its cachet comes from advocacy, AARP is also an entrepreneurial juggernaut that profits from the Medicare drug benefit it helped pass." However, Judith Stein, executive director of the Center for Medicare Advocacy, said she is concerned about AARP's dual role as an advocate and commercial enterprise. Stein said, "The privatization of Medicare in general is a very bad thing and a good thing for the companies that are making a huge profit. When one of those companies is benefited by the AARP brand, I think it's a conflict."
Experts attribute the success of AARP's plans to appeal of the brand and the trust consumers have in the organization. "It's peace of mind. That's why AARP/United is able to get a premium," according to Richard Stefanacci, director of the Center for Medicare Medication Management at the University of the Sciences in Philadelphia. The Inquirer reports, "As the Dec. 31 deadline approaches for Medicare members to change plans or sign up, many seniors are choosing AARP to cut through the clutter of a confounding marketplace." The not-for-profit reached $1 billion in revenue last year and expects to see $4.4 billion in sales over the next seven years from new deals with Aetna and UnitedHealthcare (Stark, Philadelphia Inquirer, 12/20).
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AARP Beneficii financiar la Medicare de medicamente Benefit Este susþinutã Pass - AARP Benefits Financially From Medicare Prescription Drug Benefit It Helped Pass - articole medicale engleza - startsanatate