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February 02, 2009 at 07:00 PM
A carrier has agreed to pay $5.1 million to reimburse 73,000 college plan members for a portion of their out-of-network claims costs.
Aetna Inc., Hartford, negotiated with settlement agreement with officials in the New York state attorney general’s office.
The agreement affects students at about 200 colleges, New York officials say.
New York officials allege that an Aetna unit, Aetna Student Health, used out-of-date reimbursement rates when pricing out-of-network claims between 1998 and April 1, 2008.
