Friday, November 5, 2010

Oops! AARP has to hike health insurance premiums due to Obamacare law they supported


The AARP pushed hard for Democrat's health care reform bill. They claim to be seniors "Trusted source of information."

Here are some of their alleged facts from AARP's website. My fisking is in blue text.

Myth: Health care reform is too expensive – we can't afford it.

Fact: The President and Congress have committed to producing legislation that will be paid for so it won't saddle our children and grandchildren with debt.

Truth: A Families USA study found Obamacare will cause the U.S. to run a larger deficit in 2015.

Fact: If we do nothing to fix health care, families with Medicare or employer-based health coverage will likely see their premiums nearly double again in the next seven years.

Fact: If we do nothing to fix health care, the share of your income spent on health care will nearly double in the next seven years.

Truth: AARP has been forced to raise their employees health insurance premiums, by as much as 14%, copayments and deductibles as a result of Obamacare. A 14% annual hike will double the cost of health care in a little over 5 years. This doesn't include the increased cost of deductibles and copayments.

WASHINGTON – 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.

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.


The truth is the AARP sold their members a false bill because there was profit in it for the AARP.

1 comment:

Anonymous said...

There is a certain justice to this.