Violation Tracker Individual Record

Company: 
Medco Health Solutions, Inc.
Current Parent Company: 
Cigna
Penalty: 
$29,100,000
Year: 
2004
Date: 
April 26, 2004
Primary Offense: 
consumer protection violation
Violation Description: 

Medco Health Solutions agreed to pay $29.1 million to settle multistate litigation alleging that the company encouraged prescribers to switch their patients to cheaper drugs, a practice that financially benefitted Medco but often did not provide savings for patients and their health care plans.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Multistate Attorneys General Case
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
Connecticut
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
healthcare services
Specific Industry of Parent: 
insurance; managed care
Link to Archived Court Document: 
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.