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American Association of Retired Persons (AARP)

AARP, formerly the American Association of Retired Persons, is a United States-based non-governmental scheme in addition to involvement group, founded inwards 1958 yesteryear Ethel Percy Andrus, PhD, a retired educator from California, in addition to based inwards Washington, D.C. According to its mission statement, it is "a nonprofit, nonpartisan membership scheme for people historic menstruum l in addition to over ... dedicated to enhancing character of life for all equally nosotros age," which "provides a broad make of unique benefits, exceptional products, in addition to services for our members."

History

Dr. Ethel Percy Andrus founded AARP inwards 1958. AARP evolved from the National Retired Teachers Association (NRTA), which Andrus had established inwards 1947 to promote her philosophy of productive aging, in addition to inwards reply to the withdraw of wellness insurance for retired teachers. After 10 years, Andrus opened the scheme to all Americans over 50, creating AARP. Today, NRTA is a sectionalisation inside AARP. MD Andrus founded AARP spell living inwards Ojai, California, where she had established an innovative novel retirement domicile named Grey Gables. Ojai served equally national headquarters for AARP from 1958 until the mid-1960s. Honors to MD Andrus include National Teacher of the Year inwards 1954, induction into the Women's Hall of Fame and, to a greater extent than recently, a medallion placed on the Points of Light Institute's "Extra Mile Pathway" inwards downtown Washington, D.C. According to Andy Rooney, AARP was established yesteryear Leonard Davis, founder of the Colonial Penn Group insurance companies, after he met Ethel Percy Andrus.

According to critics, until the 1980s AARP was controlled yesteryear Mr. Davis, who promoted its picture equally a non-profit advocate of retirees inwards lodge to sell insurance to members. After a lengthy competitive bidding process, AARP shifted the insurance contracts made available to members to Prudential inwards 1980. In the 1990s, the US Senate investigated AARP's non-profit status, amongst Republican Senator Alan Simpson, in addition to thence chairman of the US Senate Finance Subcommittee on Social Security, Pensions, in addition to Family Policy, questioning the organization's tax-exempt condition inwards congressional hearings. According to Charles Blahous, the investigations did non give away sufficient evidence to alter the organization's status, though inwards an interview years later on yesteryear the Des Moines Register, Senator Simpson remained "troubled yesteryear AARP's practices", calling AARP "the biggest marketing functioning inwards America in addition to money-maker" in addition to an scheme whose practices are "the greatest abuse of American generosity I witnessed inwards my fourth dimension inwards the U.S. Senate."

The scheme was originally named the American Association of Retired Persons, but inwards 1999 it officially changed its cry to "AARP" (pronounced 1 missive of the alphabet at a time, "ay ay ar pee") to reverberate that its focus was no longer American retirees. AARP no longer requires that members live on retired, but live on at to the lowest degree historic menstruum 50; it does non extend total membership privileges to applicants who are retired but non however 50.

Health care

AARP has been active inwards wellness tending policy debates since c. 1960 in addition to its recent appointment is a reflection of this long-standing involvement.

AARP's world stances influenced the US Congress' passage of the Medicare Prescription Drug, Improvement, in addition to Modernization Act, which authorized the creation of Medicare Part D, inwards 2003, in addition to besides influenced the Congress yesteryear resisting radical changes to Social Security inwards 2005. AARP besides addressed wellness tending issues inwards their drive targeting the 2008 elections amongst Divided We Fail.

Health insurance

Approximately 7 1000000 people convey AARP branded wellness insurance, including drug coverage in addition to Medigap, equally of Apr 2007 in addition to AARP earns to a greater extent than income from selling insurance to members than it does from membership dues. In 2008, AARP plans to start offering several novel wellness insurance products: an HMO for Medicare recipients, inwards partnership amongst UnitedHealth Group; in addition to a PPO in addition to "a high-deductible insurance policy that could live on used amongst a wellness savings account" to people aged 50–64, inwards partnership amongst Aetna. AARP volition probable buy the farm the largest source of wellness insurance for Medicare recipients, in addition to AARP estimates the novel products volition growth its wellness insurance customers to xiv 1000000 yesteryear 2014.

AARP is non an insurer in addition to does non pay insurance claims. Instead, AARP allows its cry to live on used yesteryear insurance companies inwards the sale of insurance products, for which it is paid a commission similar an insurance agent.

Senator Charles E. Grassley (R-Iowa), senior Republican on the Senate Finance Committee, said inwards 2008 that the "limited benefit" insurance plans offered yesteryear AARP through UnitedHealth provided inadequate coverage in addition to were marketed deceptively. One conception offered $5,000 for surgical operation that may toll 2 or 3 times that amount.

AARP does a "thriving business" inwards marketing branded Medigap policies. As of Oct 2009, Medical tending reform contained a proposal to cut back an associated computer program Medicare Advantage, which was expected to growth need for Medigap policies. However, equally cited above, AARP besides brands a Medicare Advantage conception (MedicareComplete), in addition to would besides live on bailiwick to cuts nether wellness tending reform.

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