The deals illustrate how providing health care for older
Americans has become a big business, even as AARP tries to remain a consumer health advocate for its members. They are also a coup for both insurers.
AARP executives say the deals will help them reach their target of providing health insurance products to roughly 14 million people by 2014, up from 7 million today. AARP expects to generate some $4.4 billion in health care-related royalties over the next seven years, $1.5 billion more than its previous projections.
advertisement
advertisement
Read the whole story at The Wall Street Journal (subscription required) »