Wednesday, January 5, 2011

AARP Waivermania

We've long noted AARP's disingenuous (some would say hypocritical) support of ObamaCare�. Well, on a tip from FoIB Bob D, we learn about the quid-pro-quo:

"While other health policies must go through a rigorous rate review under ObamaCare and justify any premium increases of more than 10 percent, AARP's Medigap policies are to be exempt from the federal review and restriction."

[ed: For an explication of that "more than 10%," see Mike's excellent analysis here]

One presumes that 10% is equal to 30 pieces of silver.

Brett Baier has more:

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