FOURTEENTH AMENDMENT TO THE AARP HEALTH INSURANCE
This Fourteenth Amendment to the AARP Health Insurance Agreement (“Fourteenth Amendment” or “Amendment”),
effective as of January 1, 2006 (the “Effective Date”), is made by and between AARP Services, Inc., a Delaware corporation
(“ASI”) and United HealthCare Insurance Company, a Connecticut corporation (“United”). The parties hereto shall collectively
be referred to as the “Parties”.
WHEREAS, AARP, the Trustees of the AARP Insurance Plan (“Trustees”), and United are parties to a certain AARP
Health Insurance Agreement dated as of February 26, 1997 (the “Original Agreement”).
WHEREAS, by subsequent amendment and assignment on December 28, 1999, AARP, AARP Trust and United agreed to
the assignment to and assumption by ASI of certain rights and obligations (the “Third Amendment”).
WHEREAS, various other amendments have been made to the Original Agreement (collectively, the “Agreement”).
WHEREAS, pursuant to the Ninth Amendment to the Agreement, the Parties have successfully launched a program
offering comprehensive insurance products for AARP members age 50 to 64 (“50-64 Plan”) and wish to expand and extend this
NOW, THEREFORE, the Parties agree as follows:
2.138. Formal Product Offering Period (“Period”) for the 50-64 Plan means January 1, 2006 until December 31, 2006. This
Period may be changed upon mutual written agreement.”
“AARP’s royalty for Policy Year 2006 shall be ***% of 50-64 Member Contributions.”
“United’s Administrative Services Fee for Services provided for the 50-64 Plan in Policy Year 2006 shall be ***% of 50-64
“6.3.4(a). United’s base risk and profit charge: ***% of 50-64 Member Contributions through December 31, 2005; ***% of
50-64 Member Contributions for Policy Year 2006;”
IN WITNESS WHEREOF, the Parties have executed this Amendment as of the date below indicated.