AARP's endorsement helped secure passage of President Barack Obama's health care overhaul. Now the seniors' lobby is telling its employees their insurance costs will rise partly as a result of the law.Although I'm eligible to join AARP (and that's sad all by itself) I refuse because of their frequent support for lefty policies and candidates. The AARP is helping to saddle their member's grandkids with huge national debts and they don't deserve any of my money.
In an e-mail to employees, AARP says health care premiums will increase by 8 percent to 13 percent next year because of rapidly rising medical costs.
And AARP adds that it's changing copayments and deductibles to avoid a 40 percent tax on high-cost health plans that takes effect in 2018 under the law. Aerospace giant Boeing also has cited the tax in asking its workers to pay more. Shifting costs to employees lowers the value of a health care plan and acts like an escape hatch from the tax.
"Most plan co-pays and deductibles have been modified," Jennifer Hodges, AARP's director of compensation and benefits, wrote employees in an Oct. 25 e-mail. "Plan value changes were necessary not only from a cost management standpoint but also to ensure that AARP's plans fall below the threshold for high-cost group plans under health care reform."
AARP officials said medical inflation is the main reason employee costs will be going up. The health care law is "a small part," said David Certner, legislative affairs director.
Friday, November 05, 2010
Here's Your Thank You, AARP
AARP help promote and pass Obamacare and now they're members are getting their thank-yous...in the form of higher rates and co-payments:
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1 comment:
"...because of their frequent support for lefty policies and candidates."
Why I quit. They don't represent my interests.
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