© 2024
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
An update has been released for the Android version of the WAMC App that addresses performance issues. Please check the Google Play Store to download and update to the latest version.

NY A-G: Insurance Company Must Refund Students And Colleges

New York officials say they've reached a settlement with Markel Insurance Co. that will result in $2.75 million in restitution to college students who were overcharged for insurance.

The Attorney General's office and Department of Financial Services say the health, accident and sports accident insurance plans resulted in nearly 3 million dollars in overcharges to about 22,000 students, including many attending SUNY schools.

Attorney General Eric Schneidermann: "Under our settlement, the health insurer is going to pay that money back to compensate students in 34 colleges all across New York State. Markel will also pay nearly one million dollars in penalties back to the State of New York."

Students will be eligible for refunds averaging $107 if they enrolled in a Markel plan in the school years 2007-2008 to 2009-2010 and 2011-2012.

Dave Lucas is WAMC’s Capital Region Bureau Chief. Born and raised in Albany, he’s been involved in nearly every aspect of local radio since 1981. Before joining WAMC, Dave was a reporter and anchor at WGY in Schenectady. Prior to that he hosted talk shows on WYJB and WROW, including the 1999 series of overnight radio broadcasts tracking the JonBenet Ramsey murder case with a cast of callers and characters from all over the world via the internet. In 2012, Dave received a Communicator Award of Distinction for his WAMC news story "Fail: The NYS Flood Panel," which explores whether the damage from Hurricane Irene and Tropical Storm Lee could have been prevented or at least curbed. Dave began his radio career as a “morning personality” at WABY in Albany.
Related Content