Gov. Cuomo Announces Refund of $114.5 Million in Health Insurance Overcharges to Consumers and Businesses

SOURCE: www.dfs.ny.gov
Governor Andrew M. Cuomo today announced that 11 insurance companies have been ordered to refund $114.5 million to holders of policies that cover 573,748 people who were overcharged for health insurance premiums in 2010.
“In this economic climate, every penny counts and in this case, insurance companies were overcharging New Yorkers to the tune of [...]