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by jbattle
4510 days ago
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A) How did AOL end up paying "a million dollars each" if they have insurance?
B) Everyone close to those parents would know who they were. A baby in the hospital is something that people hear about. So now those parents get to feel singled out, guilty, blamed, etc. for "screwing things up" for the rest of the company. What an ass |
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A) AOL most likely self-insures... Why? Exactly because of catastrophic events like this increasing your premiums for all of your thousands of employees, even though most of them are probably healthy and low risk. Insurance companies don't care! It's usually better to self-insure until you run into these catastrophic insurance events. B) Agreed. It's disgraceful for any executive of any company to publicly share any type of individual insurance information. Also, borderline illegal.