Is AARP a Non-Profit Organization?

“UnitedHealth quarterly profit tops Wall Street views”

UnitedHealth’s fourth-quarter net income rose 30 percent to $944 million, or 81 cents per share, from $726 million, or 60 cents per share, a year earlier, when the company took a big litigation charge.”

This is the company that is in league with AARP as the low cost health care provider for senior citizens. Reuters reports that “For its UnitedHealthcare plans serving employers, the company reported a decline of 130,000 members from the end of the third quarter, to 24.63 million. But it said the plans would have seen growth of 40,000 members if not for job cuts at continuing clients. Total membership stood at 32 million at the end of December.”

Yes, I am a member of AARP.  I am not a United Health member and never have been.  The question is how much does AARP earn through their association with United Health Plan?

Well look what I found reading in part as follows. “The group and its subsidiaries collected more than $650 million in royalties and other fees last year from the sale of insurance policies, credit cards and other products that carry the AARP name, accounting for the majority of its $1.14 billion in revenue …”

My opinion is that AARP is a business that many over 50 years of age think is a non-profit organization.  It isn’t! 

Want proof?  Here are three of many links that also question the the AARP claim that they are a non-profit organization.  Then again may be these web sites have an axe to grind. 

http://en.wikipedia.org/wiki/AARP

http://seniorjournal.com/NEWS/Politics/2008/20081119-AARPMayFaceSerious.htm

http://www.60plus.org/about-aarp.asp

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