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AARP is a trusted and established name for discounts, health products and member advantages. In the Individual Health Insurance Market, AARP offers coverage for ages 50-65 through Aetna, one of the top insurers in the nation.
March 2011 1 EXECUTIVE SUMMARY AARP, formerly known as the American Association of Retired Persons, is a tax-exempt non-profit membership organization for those aged 50 years and older. As such, AARP has long been regarded as a protector and advocate of the nationâs senior community.ince 2002, income generated from AARP membership dues has increased 32%, or $60 million. 31 However, during this same period, income derived from AARPâs business relationships, primarily with insurance companies, nearly tripled, increasing by $417 million, bringing total royalty revenue to $657 million in 2009.