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.