As a result of Obamacare--not the cutbacks, but the flailing struggle to make Obamacare look as if it will save costs over the old health care "system"--AARP could likely receive about a billion dollars' handout from the US Government. This is because of their medigap insurance, whereby AARP covers what is not covered by Medicare, but since it is directly reimbursed to them because of the cutback, only probably out of another account and not out of Obamacare,
AARP loves nationalized health care. They lobby for it. Democrats, heavily funded by AARP, pass the bill with the accounting trick, the gap that will make it look as if the American taxpayer is saving money.
Millions of older Americans who have not bought plans to cover this gap have to buy insurance to cover the gap from AARP. AARP receives a huge amount of money paid directly to it by the people they advocate for.
AARP's Medigap insurance covers the old folk as they go to their doctors. Younger taxpayers reimburse the doctors. AARP rakes in huge amounts of taxpayer dollars.
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Do you realize you are making a progressive case against Obamacare?
ReplyDeleteThis thing about Medigap is just one of many ways that Obamacare benefits private insurance.
Did you know that Obamacare was written by an executive from Wellpoint, one of the largest private insurers? Her name is Liz Fowler and she worked on the staff of Max Baucus, whose senate committee drafted the version that became law. Obama fought mightily to make sure that that version was the one that prevailed (over the House version which had the public option). That doesn't sound like socialized medicine to me.
Did you know that at every stage of the debate, health insurance stocks rose when it looked like Obamacare was going to pass.
You might have heard me on Dennis's show, he was kind enough to take my call and I asked him, if Obamacare is fatal to private insurance (that was what he was saying), then why are health stocks soaring? He said the analysts' judgment is flawed, that stocks are soaring now but they're doomed in the long term. Well, it's more than a year later, and they're still soaring.