"We had two AOL-ers that had distressed babies that were born that we paid a million dollars each to make sure those babies were OK in general."
Is this how health insurance works? Maybe AOL is "self-insured"? I don't understand AOL having anything to do with paying directly for medical treatment. Except, by virtue of making claims and costing an insurer money, the premiums increase. It's as if the insurers, ever-faithful capitalists they are, want to sell us insurance and can't believe we have the gall to make claims against our policies, and have convinced our employers to be equally appalled.
Is this how health insurance works? Maybe AOL is "self-insured"? I don't understand AOL having anything to do with paying directly for medical treatment. Except, by virtue of making claims and costing an insurer money, the premiums increase. It's as if the insurers, ever-faithful capitalists they are, want to sell us insurance and can't believe we have the gall to make claims against our policies, and have convinced our employers to be equally appalled.