A round of DoS attacks swept through FTB this Sunday. SkepChick and others were also hit so deduce what you may. It seems to be working now, but if you’re experiencing delays waiting for the page to load, that’s the crack software making sure you’re not a bot. We’re going to a new hosting service in a few weeks in part precisely because of this kind of shit.
Meanwhile, back in Tim Armstrong’s world, the world’s biggest asshole CEO of the week who tried to screw AOL employees out of some retirement benefits by blaming his company’s blow out, record quarter on Obamacare and two employees who had the bad sense to have premature babies, one of those mothers spoke up and spoke up loud:
Slate — Here is how we supposedly became a drain on AOL’s coffers. On Oct. 9, 2012, when I woke up in pain, my husband was at the airport about to board a flight for a work trip. I was home alone with our 1-year-old son and barely able to comprehend that I could be in labor. By the time I arrived at the hospital, my husband a few minutes behind, I was fully dilated and my baby’s heartbeat was slowing. Within 20 minutes, my daughter was delivered via emergency cesarean, resuscitated, and placed in the neonatal intensive care unit.
She weighed 1 pound, 9 ounces. Her skin was reddish-purple, bloody and bruised all over. One doctor, visibly shaken, described it as “gelatinous.” I couldn’t hold my daughter or nurse her or hear her cries, which were silenced by the ventilator. Without it, she couldn’t breathe.
That day, we were told that she had roughly a one-third chance of dying before we could bring her home. That she might not survive one month or one week or one day. She also had at least a one-third chance of being severely disabled, unable to ever lead an independent life.
This baby survived and thrived, good thing the parents were responsible and employed at a firm that had comprehensive employee healthcare benefits, huh?
But about those benefits: AOL could have bought a traditional group insurance policy from any of dozens of giant insurance companies begging for their business, but they chose to self insure, no doubt in the belief it would save them money — and it may have saved them money over the years. But most large companies that choose that route hedge their exposure with a reinsurance policy that caps out expenses at somewhere around half a million dollars per case. The two costly babies Armstrong threw under the bus, perhaps violating HIPPA privacy rules in the process, purportedly cost more, over a million.
AOL executive management chose to reinsure, and then they didn’t hedge wisely in retrospect (Or Armstrong was lying). In short, AOL made a wager and they either lost, or it did work and Armstrong was trying to shift blame for his company’s decision to change the matching 401-k contribution schedule anyway. Giving this overpaid serial bumbler the benefit of the doubt and assuming he was telling the truth about his company’s health insurance expenses, how that bad bet is the fault of employees, who simply paid their health insurance premiums like any other worker at a large company, is beyond me or anyone else.
But I’d say the parents in both cases have one hell of a civil lawsuit to consider against the guy who bagged $12 million in one year alone, and shareholders have a decision to make about just how much more bad PR they’re willing to risk with CEO Tim Armstrong..