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Violation Tracker Individual Record

Company: Aetna Health, Inc.
Current Parent Company: CVS Health
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $2,500,000
Year: 2009
Date: March 25, 2009
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: Aetna withdraws its contest of Order #A07-59, imposing sanctions with respect to payment practices affecting certain out-of-network providers in connection with claims for medical services pertaining to emergency or in-patient admissions. Remediation to be made to affected providers including the payment of interest.
Level of Government: state
Action Type: agency action
Agency: New Jersey Department of Banking & Insurance
Civil or Criminal Case: civil
Facility State: New Jersey
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: (click here)
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.