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Violation Tracker Individual Record

Company: Medco Health Solutions, Inc.
Current Parent Company: Cigna
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $7,800,000
Year: 2005
Date: December 20, 2005
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: overcharging the State Teachers Retirement System
Level of Government: state
Action Type: agency action
Agency: Ohio Attorney General
Civil or Criminal Case: civil
Facility State: Ohio
HQ Country of Current Parent: USA
HQ State of Current Parent: Connecticut
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: healthcare services
Specific Industry of Current Parent: insurance; managed care
Source of Data: Attorney General Petro Wins $7.8 Million Verdict Against Merck, Medco for Defrauding Teachers' Pension System, US States News, December 20, 2005 (via Nexis).
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.