The distressed babies thing is bizarre since when does a company have to pay extra out of pocket for something like that like Armstrong is claiming? Isn't that the whole point of Insurance, in case something bad happens insurance pays?
Most large companies self-insure. They just hire a "health insurance" company to administer the plan.
a company i worked for self-insured, but they did have insurance that kicked in at a very high level.
More like the cost of that company's plan goes up, but I somehow doubt a company as large as AOL has significant cost increases due to a baby or two that had some special surgeries.