Violation Tracker Individual Record
Company:
CaremarkPCS
Current Parent Company:
CVS Health
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 Parent:
USA
HQ State of Parent:
Rhode Island
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
retail-pharmacies
Specific Industry of Parent:
retailing
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.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.
