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Violation Tracker Individual Record

Company: CDPHP Universal Benefits Inc.
Penalty: $1,194,594
Year: 2020
Date: July 30, 2020
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: CHPHP agreed to pay an $800,000 civil penalty and $394,594 in restitution in settlement of allegations it overcharged students for insurance premiums, calculating rates for blanked health insurance contracts with institutions of higher learning using unapproved rating factors.
Level of Government: state
Action Type: agency action
Agency: New York Department of Financial Services
Civil or Criminal Case: civil
Facility State: New York
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.