Washington, DC —AARP today launched a campaign against the “age tax,” a proposed unfair penalty on older adults that would line the pockets of big insurance companies, allowing them to charge older Americans over $3,000 more than they currently pay per year. .AARP launched a new series of advertising that will also appear in numerous Congressional districts when members of Congress return home for President’s Day week.
“AARP urges Congress and the administration to reject the proposed ‘age tax’ bill,” said AARP Executive Vice President Nancy LeaMond. “This
In its current form, the age tax legislation, HR 708, would penalize
A report released by AARP’s Public Policy Institute, Impact of Changing the Age Rating Limit for Health Insurance Premiums, also more specifically shows that changing the 3:1 limit on age rating to 5:1 would significantly raise premiums by as much as $3200 for older adults.
AARP’s latest efforts come in addition to their continued advocacy of members of Congress and the Trump administration about the age tax. AARP continues to meet with members of Congress and urge them to oppose the age tax, laying out in detail the negative impact in letters this month and in December. The ads also come as an addition to AARP’s Medicare campaign, which takes on “premium support,” a proposal that would harm Medicare beneficiaries by turning the successful program into a private voucher program.
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AARP is a nonprofit, nonpartisan organization, with a membership of nearly 38 million that helps people turn their goals and dreams into 'Real Possibilities' by changing the way America defines aging. With staffed offices in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands, AARP works to strengthen communities and promote the issues that matter most to families such as healthcare security, financial