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AARP Adds Limited-Benefit Medical Insurance

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NU Online News Service, Feb. 3, 3:46 p.m. – AARP, Washington, has picked UnitedHealth Group Inc., Minnetonka, Minn., to help it develop a limited-benefit insurance plan for members between the ages of 50 and 64.

The new AARP Medical Advantage Insurance Plan provides fixed cash benefits for some types of doctor visits, hospital stays, surgeries, lab and diagnostic tests.

UnitedHealth, which is issuing the coverage through its United HealthCare Insurance Company unit, will be using a simplified underwriting process that does not require AARP members to undergo a health exam, AARP says.

AARP and UnitedHealth will start by selling the plan in Arkansas, Colorado, Georgia, Illinois, Indiana, Maryland, Maine, Michigan, South Dakota and Virginia.