Violation Tracker Individual Record
Company:
Aetna Health Inc.
Current Parent Company:
CVS Health
Penalty:
$11,495,614
Year:
2011
Date:
November 9, 2011
Offense Group:
consumer-protection-related offenses
Primary Offense:
insurance violation
Violation Description:
New York State authorities ordered 11 insurance companies to refund a total of $114.5 million to holders of policies that covered 573,748 people who were overcharged for health insurance premiums in 2010.
Level of Government:
state
Action Type:
agency action
Agency:
New York Department of Financial Services
Civil or Criminal Case:
civil
Facility State:
New York
HQ Country of Parent:
USA
HQ State of Parent:
Rhode Island
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
retailing
Specific Industry of Parent:
retail-pharmacies
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.