AARP, the advocacy group for older Americans, is voluntarily suspending sales of some of its niche health insurance plans after they came under scrutiny by a prominent member of the Senate Finance Committee.
U.S. Sen. Chuck Grassley, R-Iowa, said last week that the plans -- underwritten by UnitedHealth Group of Minnetonka -- were misleadingly marketed as being comprehensive when in fact they have very limited benefits.
Unlike traditional health insurance policies, the so-called limited-benefit plans lack catastrophic coverage and place a cap on what the insurer pays, potentially leaving policy-holders with thousands of dollars in medical bills.
The affairs accept been marketed by AARP beneath the names Essential Plus Bloom Allowance and Medical Advantage Plan.
Grassley beatific AARP Executive Director and CEO William Novelli a letter endure anniversary allurement how the affairs are marketed.
AARP said in a account backward Friday that it will stop affairs the limited-benefit affairs and would appoint an absolute able to analysis their marketing.
The affairs are targeted at humans ages 50 to 64 who are not yet acceptable for Medicare.
More than 44,000 customers, including 498 in Minnesota, accept bought the policies, and those will abide to be in effect.
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