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UnitedHealth Group To Extend, Broaden Its Relationship With AARP To Focus More Than Ever On Improving Americans’ Health And Well-Being

Stocks in this article: UNH

UnitedHealth Group announced today that it has reached an agreement in principle with AARP to extend and broaden their long-time relationship focused on improving the health and well-being of Americans 50 and older.

The extended agreement, which is expected to run through December 2020, will enable UnitedHealth Group to serve AARP’s 37 million members by drawing upon the ever-expanding capabilities across its businesses, including UnitedHealthcare in health benefits and Optum in health services. UnitedHealthcare will continue to offer a portfolio of AARP-branded products, and Optum will continue to provide health care navigational and decision support services. As part of the expanded relationship, AARP will become the Founding Consumer Advocate Organization of Optum Labs, Optum’s research and innovation facility focused on data-driven health care research and clinical translation.

“For more than 15 years UnitedHealth Group has delivered on a commitment to improve health care for people age 50 and over so that they can live healthier and more fulfilling lives through our products that carry the AARP name,” said Stephen J. Hemsley, president and chief executive officer of UnitedHealth Group. “We are honored to build upon our unique and innovative relationship with AARP, which has helped both UnitedHealthcare and AARP provide better support and value to the consumers we serve. We now have the opportunity to further match our health care expertise with AARP’s clear focus on improving access to the health care marketplace for those 50 and over, and all Americans, as well as improving the quality of that marketplace.”

Through the extended agreement, UnitedHealthcare will continue to offer a diversified portfolio of AARP-branded Medicare-related and indemnity insurance products, including Medicare Advantage, Medicare Part D and Medicare supplement products. UnitedHealthcare is the nation’s largest business dedicated to meeting the health and well-being needs of seniors and other Medicare beneficiaries, with more than 10 million people enrolled in its Medicare plans. The majority are members in an AARP-branded plan.

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