Up to 3,645 Montanans could recoup money from insurance scheme

csimt In The News

By: Thomas Plank

The Montana State Auditor’s Office recently announced up to 3,645 Montanans could be eligible to recoup money from a short-term health insurance scheme that ran from 2012-2016.

The auditor’s office came to a $284,500 settlement with call centers, insurance companies and individuals who used fraudulent sales tactics to sell insurance policies to Montanans.

The auditor’s office oversees securities and prosecutes fraud in Montana in order to protect consumers. The case was originally filed by the previous auditor’s office and continued under current Auditor Matt Rosendale’s administration…

The auditor’s office sent letters to the potentially affected Montanans, who will need to respond by Nov. 9 to be eligible for the restitution payments…

Schmauch also said the companies and individuals involved in the case had either changed their business practices or stopped doing business in Montana.

“You have to be really clear with their customers with what they’re buying,” Schmauch said. “Otherwise you’re going to have a problem with our office.”

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