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Exploring economic inequality – Advocating for the bottom 50%

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Speaking of the ‘swamp’:

How AARP Shills for UnitedHealthcare – Robert Kutter/TAP

“…ARP is basically an insurance marketing scheme masquerading as an advocacy group for the elderly. For 27 years, UnitedHealth has been the co-branded choice of AARP. If you are looking for a supplemental policy to conventional Medicare, or a Medicare Advantage product, or a Medicare drug insurance policy, AARP will steer you to UnitedHealth. And only to UnitedHealth.

“The reason is shameful. UnitedHealth kicks back 4.95 percent of premium income from AARP subscribers to AARP. And the numbers are staggering. According to AARP’s audited financial report, AARP made $289.3 million from member dues, but $1.134 billion from kickbacks from insurers, of which the lion’s share, $905 million, was from health insurers. AARP delicately refers to these as royalties.

“And somehow, because it is a nonprofit, AARP manages to avoid income taxes on this kickback income. Despite Congress’s efforts over the years to make nonprofits pay taxes on commercial income, AARP paid only about $3 million in federal income taxes on ‘royalties’ of well over a billion.”

$1B question: Does AARP = DDD?

Is AARP putting profits over the interests of its members? – Las Vegas Review-Journal


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