Earlier quoted context omitted.
> Healthcare for distressed infants is certainly not an example of inelastic demand where people have to pay for it themselves Are you kidding me? If it was a question of saving my child's life, I'd spend every last cent I had and then go sell a kidney.
I gave you an example. Mothers uncertain of their ability to raise an infant will abandon it to die (this is traditionally called "exposure"). It's a practice at least as old as humanity. And it conclusively demonstrates that the demand for infant care is not inelastic; these mothers aren't killing themselves trying to preserve their nonviable children. Rather, they're killing the children so that they don't die them…
That “distressed baby" Tim Armstrong blamed for benefit cuts? She’s my daughter
161–170 of 280 posts
Re: That “distressed baby" Tim Armstrong blamed for benefit cuts? She’s my daughter
#162I'm delighted to hear that this child is doing well, and I'm utterly appalled at Tim Armstrong's attitudes towards the lives of his employee's children. Apparently it's possible to pay a programmer $100K/year, but spending ten times that to save the life of one of his employee's children is absolutely unacceptable. I'll be sure to keep that in mind the next time I hear from an AOL recruiter. The whole point of insura…
The irony is that if we were to have a single payer or other form of universal healthcare like they do in France, this little girl likely would have died. In France they use "Statistical prognostic" approach which in these sorts of cases withhold NICU services for infants with statistically low outcomes. Edit: couldn't find data for premies at 25 weeks, but at 37 weeks and below, survival rate in the US is higher tha…
In fact, France still does not allow withholding of nutrition and fluids from an infant not on a ventilator, a practice that is permissible in the US when care is deemed futile.
If you want an example of a state that practices more aggressive withholding of care in the NICU, look at the Netherlands, which has a private insurance model more akin to the US. According to the Nuffield report on neonatal medicine, "In the Netherlands, a consensus had been reached by 2003 that ... Dutch perinatal centers should not normally resuscitate and treat extremely premature babies born before 25 weeks of gestation, because of poor outcomes."
According to the report, the difference between the US model and the Netherlands could be seen in that twice as many premature infants born in the US survived to the age of two, but in the US five times as many premature infants had disabling cerebral palsy.
Re: That “distressed baby" Tim Armstrong blamed for benefit cuts? She’s my daughter
#163Earlier quoted context omitted.
The problem with a self-insurance plan re-insuring is that it undermines the very reason for the self-insurance -- it erodes the advantage of local investment of the set-asides.
But not totally, and would presumably protect against catastrophic catastrophes by spreading the meta-risk. You could make the same argument against having home or medical insurance, that it erodes the advantage of having the totality of your take home pay. But it seems responsible to have home insurance and medical insurance, and it would seem responsible for a self-insurer to reinsure.
> it would seem responsible for a self-insurer to reinsure.
Reinsuring is sort of like being married, and not being married, at once. Many people think that sounds pretty cool -- until they try it.
Re: That “distressed baby" Tim Armstrong blamed for benefit cuts? She’s my daughter
#164AOL could've chosen a 3rd party insurance company instead of self-insuring. Self-insuring was probably a decision intended to save money compared to getting an external health provider. The CEO could conclude that these outlier events create too much unpredictability for the bottom line, and thus move the company to an external healthcare provider. Heck, they could even fire the CFO or whoever made the cost-benefit a…
I can't find the link right now but I read somewhere that it is common for large companies that self-insure to buy reinsurance to cover themselves against large payouts like in Armstrong's mythical example. The company will typically have an insurance policy for their insurance policy.
Re: That “distressed baby" Tim Armstrong blamed for benefit cuts? She’s my daughter
#165A large company like aol would have already provided pretty good health benefits. It is very unlikely that the ACA's provisions about mandatory coverage for procedures (such as birth control) would have cost aol anything significant.
Re: That “distressed baby" Tim Armstrong blamed for benefit cuts? She’s my daughter
#166I'm delighted to hear that this child is doing well, and I'm utterly appalled at Tim Armstrong's attitudes towards the lives of his employee's children. Apparently it's possible to pay a programmer $100K/year, but spending ten times that to save the life of one of his employee's children is absolutely unacceptable. I'll be sure to keep that in mind the next time I hear from an AOL recruiter. The whole point of insura…
The irony is that if we were to have a single payer or other form of universal healthcare like they do in France, this little girl likely would have died. In France they use "Statistical prognostic" approach which in these sorts of cases withhold NICU services for infants with statistically low outcomes. Edit: couldn't find data for premies at 25 weeks, but at 37 weeks and below, survival rate in the US is higher tha…
Go back to Fox News where people don't actually care about facts if you want to make sensational arguments with zero evidence.
Re: That “distressed baby" Tim Armstrong blamed for benefit cuts? She’s my daughter
#167Earlier quoted context omitted.
Sometimes it's not about what you say but about what people infer about what you think from what they've heard.
Depends what you mean by "about." Do you mean 1. People often attack you for some belief they mistakenly attribute to you. or 2. What you actually say or believe doesn't matter. If people want to make up some belief to attribute to you in order to attack it, that's fine. If you mean 1, I agree. But I would hope that here, at least, we wouldn't sink to that sort of mob behavior.
Seems, if nothing else, a poor way of handling things. Even if you're a "tight-fisted homo-economomicus shareholder" the end result is bad, because in the end his gaffe and the subsequent publicity meant that he reversed the cuts, so the company won't get to keep that money.
I'm not against high pay for executives or that kind of thing, so I'm fine with him making oodles of money if he's doing a good job. Part of doing a good job in that position, though, is not sticking one's foot in one's mouth.
Also: I think there are certainly times when people just try and twist words to score political points, whatever the actual facts. This case doesn't strike me as one of those, really.
Re: That “distressed baby" Tim Armstrong blamed for benefit cuts? She’s my daughter
#168Earlier quoted context omitted.
.. and in the universal-healthcare UK, my brother survived being 12 weeks premature. Do you have a cite for the French system, specifically that withdrawal of care in NICU? English or French will be fine.
In the UK they give services, and reasses on an ongoing basis, so different than the French. Added some info for under 37 weeks, where the US comes out on top.
Re: That “distressed baby" Tim Armstrong blamed for benefit cuts? She’s my daughter
#169Earlier quoted context omitted.
For your reference: I don't have children of my own. When I was 16, my mother gave birth to twins, so I have more parenting experience than the typical childless American, including that of holding closely-related infants. > It's easier to make the calls before you have a kid, they are calls in theory. After you have a kid you are changed Very true, but I don't see myself reversing on this.
You are an ignorant, arrogant idiot, and a callous asshole. BTW, we already knew you didn't have kids. We knew that both from your beliefs, and moreso from the the hurtful language you chose to use. We all already knew you were childless. And single. And white. And male. And a programmer. And an asshole. Now do the world a favor, and shut up. Forever.
Re: That “distressed baby" Tim Armstrong blamed for benefit cuts? She’s my daughter
#170The mean-spirited worldview shouldn't be a surprise. What is a bit brazen is the "turn the poors on each other" behavior. Usually, it's not so obvious. He had hoped that the rank-and-file employees would, as a response to this phony scarcity (health benefits OR 401k, when the real problem is executive overcompensation) imposed from above, turn their frustrations and gripes at colleagues who get sick a lot (or have sick children, or sick parents) and that the environmental change would, perhaps, prune the company of a few sick people. It didn't work. Now everyone hates him. Good. I hope he dies alone, broke, and miserable. (The "broke" part probably won't happen, but one can dream.)
Whenever the upper class tries to turn the rest of us against each other (say, Mission lifers vs. Google bus riders, who are on the same side even if they don't know it) we should always recognize it for what it is, and attack the real enemy with our combined force.