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Violation Tracker Individual Record

Company: CaremarkPCS
Current Parent CompanyCVS Health
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $1,500,000
Year: 2018
Date: July 10, 2018
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: inaccuracies concerning reimbursements to pharmacists
Level of Government: state
Action Type: agency action
Agency: Kentucky Department of Insurance
Civil or Criminal Case: civil
Facility State: Kentucky
HQ Country of Current Parent: USA
HQ State of Current Parent: Rhode Island
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: retailing
Specific Industry of Current Parent: retail-pharmacies
Source of Data: State issues $1.5M fine to pharmacy benefit manager Caremark, Associated Press, July 10, 2018 (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.