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DallasNE

(8,019 posts)

28. So What Is The Connection Between Health Care Costs And 401(k) Benefits

Thu Feb 6, 2014, 07:07 PM

Feb 2014

Obviously, there is none other than both are business expenses, just like wages and electricity.

Besides, most self-insurance plans involve a high-deductible reinsurance plan. AOL likely had to pay the first $100,000 for each of these babies and having 2 might have driven up the reinsurance premium by a small amount. Outwardly it looks like AOL just stuffed another $6 million in their pockets, taken from the backs of its work force.

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AOL chairman slashes 401K benefits, blames two women who gave birth to sick babies [View all] Redfairen Feb 2014 OP

People still use AOL? mimi85 Feb 2014 #1

I sure don't lostincalifornia Feb 2014 #3

Embarassed to say marias23 Feb 2014 #61

Email, Instant message, ISP? There are alternatives, but it might be too much trouble to change lostincalifornia Feb 2014 #62

Create your own domain name klook Feb 2014 #71

yes, you can do that, but you still have to notify your contacts. It also isn't free, is it? lostincalifornia Feb 2014 #72

AOL owns HuffPo. cui bono Feb 2014 #12

List of AOL acquisitions Major Nikon Feb 2014 #22

boycott them all. NYtoBush-Drop Dead Feb 2014 #43

Right on! mpcamb Feb 2014 #48

Criminal organization warrant46 Feb 2014 #58

AOL also owns Mapquest. progressoid Feb 2014 #23

Mapwhat? mwooldri Feb 2014 #35

I use their map app on my phone. progressoid Feb 2014 #37

Billion and a half? No WONDER seven million is bankrupting the company! mbperrin Feb 2014 #47

only the people who don't know how to get off of AOL. olddad56 Feb 2014 #41

I learned to hate AOL form the beginning. airplaneman Feb 2014 #69

lying bastards Skittles Feb 2014 #2

exactly. And restrict mobility of employees who want to switch jobs nilram Feb 2014 #7

AOL will make sure that . . . aggiesal Feb 2014 #29

Don'tg blame babies for your fucked up health care coverage Iliyah Feb 2014 #4

My husband's last company pulled identical shit with its 401K. LibDemAlways Feb 2014 #5

Selfish pig! That's why so many people can't stand or hate the rich. Auntie Bush Feb 2014 #31

It's the coming trend Retrograde Feb 2014 #32

WTF? Heartlessness alert shenmue Feb 2014 #6

How was it that AOL paid the medical bills? Beaverhausen Feb 2014 #8

It's called self-insurance. AtheistCrusader Feb 2014 #10

thanks. I never heard of that Beaverhausen Feb 2014 #17

Really big companies use it. AtheistCrusader Feb 2014 #21

Much smaller ones do too Sgent Feb 2014 #45

It is a growing trend. LiberalArkie Feb 2014 #25

AOL publicly disclosed they are "incompetent" Swede Atlanta Feb 2014 #9

Had either of these been HIS children, I doubt he'd be so deceitful & mean spirited. n/t slumcamper Feb 2014 #11

Im sure he would quakerboy Feb 2014 #39

The answer to his problem is: Single Payer CanonRay Feb 2014 #13

Ding, ding, ding! TexasTowelie Feb 2014 #52

Single Payer. cui bono Feb 2014 #14

Yep. jsr Feb 2014 #59

Sounds to me like they just wanted to cut their 401(K) program. n/t JBoy Feb 2014 #15

Precisely... Blue_Tires Feb 2014 #63

Reminds me packman Feb 2014 #16

AOL CEO's 2012 Compensation: $12,071,422 BodieTown Feb 2014 #18

+10000!! Fearless Feb 2014 #20

So without Obamacare, those babies would have been denied care and died? denverbill Feb 2014 #19

Tim should start handing out chastity belts to all his female employees. edbermac Feb 2014 #24

Single payer. Mass Feb 2014 #26

So, he took a gamble by not buying insurance to cover this, and lost. Nye Bevan Feb 2014 #27

Before obamacare it wasnt a gamble quakerboy Feb 2014 #40

So What Is The Connection Between Health Care Costs And 401(k) Benefits DallasNE Feb 2014 #28

you can't spell asshole without AOL frylock Feb 2014 #30

that's brilliant LittleGirl Feb 2014 #38

Wow. Stay classy, Tim. n/t TygrBright Feb 2014 #33

What ! grandpamike1 Feb 2014 #34

such greed. such lying deceit. heaven05 Feb 2014 #36

oh shit--i don't want to stop using mapquest because the ceo is an asshole dembotoz Feb 2014 #42

SICK blkmusclmachine Feb 2014 #44

Yeah, Armstrong, it's the sick babies. valerief Feb 2014 #46

1996 called, and it told you to come home nt steve2470 Feb 2014 #49

No doubt! davidpdx Feb 2014 #50

AOL is an example of how a good company can be fucked up davidpdx Feb 2014 #51

If you self insure, it a good idea cloudbase Feb 2014 #53

Seems like something that should OUTRAGE! the RW pro-lifers. tanyev Feb 2014 #54

Yeah, didn't think of that. OTOH, those babies are already born so they're SOL cui bono Feb 2014 #60

AOL must be circling the drain if a few million hurts them that much. Incitatus Feb 2014 #55

OK, we have laws about medical malpractice and legal malpractice . . . Brigid Feb 2014 #56

Profits up 13% , must ... screw ... employees. eppur_se_muova Feb 2014 #57

Self-insurance = insurance when we want to pay for it. JDPriestly Feb 2014 #64

this CEO has to be a POS republican. airplaneman Feb 2014 #65

Once we get single payer healthcare, all this nonsense ends. Shoulders of Giants Feb 2014 #66

Greed does it again. Shameful . nt kelliekat44 Feb 2014 #67

Is it a HIPPA violation if the AOL workforce can identify either of the two mothers? JusticeForAll Feb 2014 #68

They wouldn't have that problem with a single payer system debunkthis Feb 2014 #70

So, what are those mothers supposed to do? Helen Borg Feb 2014 #73

They laid off my friend who got cancer AnnieBW Feb 2014 #74

I think this guy has reversed this. LeftOfWest Feb 2014 #75

Assh*** 1%er, that's all I can say Lifelong Protester Feb 2014 #76

how much did this CEO get paid? pansypoo53219 Feb 2014 #77

The Elephant in the room HoosierCowboy Feb 2014 #78

I think he may be resigning in the near future to spend more time with his family Zorro Feb 2014 #79