The acronym AARP stands for the American Association of Retired Persons. This is not a government organization. The AARP protects the interests of its members. The association has more than 40 million members.
Anyone can become a member of the AARP, but the association is primarily tailored to meet the needs of individuals aged 50 and above. For this reason, full benefits offered by AARP cannot be received until the member has reached the age of 50.
It is not necessary for an individual to retire to join the association. He can still get all the benefits of being an AARP member once he reaches the age of 50.
Key Benefits of Membership
The AARP offers members numerous exclusive discounts.
Members receive discounts on
- Dining & Entertainment;
- Retail Shopping;
- Home Security;
- Car Rentals & Roadside Assistance;
- Insurance Products; and
- Gym Memberships.
Dental & Health Care Benefits
While the AARP in itself does not provide insurance, it does work in conjunction with insurance providers. These partnerships allow the association to offer its members affordable dental and health care solutions. Members save money on their dental and health insurance because the AARP helps them find the insurance coverage that best suits their needs.
Health Care Benefits
The AARP helps members
- who cannot receive Medicare yet find effective and affordable health insurance;
- who have Medicare understand their coverage options;
- get their prescriptions at a reduced rate;
- find supplementary health insurance coverage;
- stay fit and well.
Benefits Related to Dental Care
The association helps members
- choose a suitable dental plan to meet their needs; and
- stay abreast of technological advancements in the dental industry.
Exceptional Home Insurance
Another one of these benefits relates to home insurance. It is essential that retirees’ have the ability to balance finances and save money.
The majority of home insurance policies only compensates for the depreciated value of the items lost. An AARP home insurance policy will reimburse its members for the actual replacement cost of the items lost.
This means that members are able to purchase items that are similar to the items lost, instead of items of lesser value.
Members Also Receive Advice and Current Information
The AARP publishes advice and information that members can use, these topics include
- Health & Insurance Products;
- Home & Garden;
- Financial Products & Services;
- Economic & Environmental Issues;
- Relationships & Personal Growth;
- Work & Retirement;
- Travel; and
Due to the size and significant asset base of the AARP, it is a substantial lobbying force in local, state and federal politics. The AARP puts an enormous amount of effort in ensuring that Social Security and Medicare benefits remain intact and are not reduced by state and federal governments.