Violation Tracker Individual Record
Company:
Humana Insurance Company
Current Parent Company:
Humana
Penalty:
$4,500,000
Year:
2013
Date:
December 6, 2013
Offense Group:
consumer-protection-related offenses
Primary Offense:
insurance violation
Violation Description:
Humana agreed to pay $1.8 million to a group of states to resolve allegations that it improperly required companies purchasing small group medical insurance to purchase a group life insurance product as well. It also agreed to create a $2.7 million consumer restitution pool.
Level of Government:
state
Action Type:
agency action
Agency:
Multistate Financial Regulators Case
Civil or Criminal Case:
civil
HQ Country of Parent:
USA
HQ State of Parent:
Kentucky
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
healthcare services
Specific Industry of Parent:
insurance; managed care
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.