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BUSINESS BRIEFING / INSURANCE

Colleges in steering probe

November 18, 2008|Times Wire Services

New York Atty. Gen. Andrew Cuomo sent subpoenas to colleges, including Columbia University, Georgetown University, Cornell University and Sarah Lawrence College, in a probe of their relationships with health insurers.

Cuomo is looking at whether colleges are receiving any improper payments for steering students to insurers they may not need, a spokesman said. Investigators also are probing whether there's enough disclosure of policy terms and costs, he said.

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