Medicare for Everyone

Even before the annual enrollment period for Medicare had started (October 15) I was receiving the start of insurance company campaigns for my enrollment.  Since then the volume of mailings has become an avalanche.  This has caused me to ask: Are there significant profits to be made in Medicare enrollments?

The answer appears to be YES.  AARP’s single largest revenue source is royalties from United Health Care Group.  This is no surprise.  I receive solicitations from AARP to join United Health Care every single month of the year.  34% of their revenue comes from United Health Care.  In 2011, the AARP generated $458 million in royalty fees from so-called “Medigap” plans.  Read more about AARP’s special treatment at this forbes.com link.

Other companies solciting my enrollment include: Blue Cross, Blue Shield, SCAN, Aetna, and Humana.

This campaign leads me to the conclusion that Medicare for all would be a real solution to affordable health care for everyone.

3 thoughts on “Medicare for Everyone

  1. i echo your thoughts about medicare It has only a 5% overhead, (private insurance is now held to a 7to 75% overhead) and its already in place. We in the USA deserve to have health care for all Americans from birth. as always, thank you for a great posting. Peace and hope that your Sunday goes well.

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