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Senator Grassley prompts AARP’s review of its gap insurance product

Marketing characterized as “misleading;” group suspends sales during independent investigation. In response to a U.S. Senate inquiry, AARP is reviewing sales of its health insurance plans after the group came under fire in recent weeks by critics who said the plans tout more coverage than they actually provide. AARP has hired its own independent investigator and stopped selling the limited-benefit indemnity insurance, which is sold by the group’s for-profit subsidiary, AARP Services Inc., in partnership with United Health Group, one of the nation’s largest insurers. The products are offered as so-called “gap” coverage to AARP’s base membership of retirees, part-time… Read More