Aetna will pay $5M to shortchanged students

By: The Associated Press
By: The Associated Press

ALBANY, N.Y. (AP) - New York Attorney General Andrew Cuomo says
health insurer Aetna Inc. is paying more than $5 million to thousands of college students across the country who were shortchanged on health care reimbursements.

The settlement says more than 73,000 students at more than 200 colleges - including 20 New York schools - weren't properly reimbursed for out-of-network care.

Cuomo says Aetna's subsidiary, Aetna Student Health, used an outdated reimbursement rate to pay students and doctors.

The investigation covered payments for care between 1998 and 2008.

Under the agreement, the Hartford, Conn.-based insurer will also update the claims processing system for students.

Aetna officials didn't immediately return a call for comment.
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On the Net: www.oag.state.ny.us.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

AP-NY-02-02-09 1211EST


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