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Health Science
Date
Nov 24, 2024
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docx
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Uploaded by UltraProton10071
Hello Deepark,
I appreciate your post this week. CVS Caremark, the leading pharmacy chain in the United States, has
recently reached a settlement with the Federal Trade Commission (FTC) regarding allegations of
noncompliance with federal law. The company was accused of neglecting to implement adequate
security measures to safeguard its customers and workers' sensitive financial and medical data (Vivian,
2009). As part of an independent though interconnected arrangement, the pharmacy chain operated by
the corporation has also consented to a payment of $2.25 million to settle claims made by the
Department of Health and Human Services about its violation of the Health Insurance Portability and
Accountability Act (HIPAA).
As per the Federal Trade Commission (FTC), the settlement mandates that CVS, a company operating
over 6,300 retail outlets and online and mail-order pharmacy businesses, must establish, implement, and
uphold a comprehensive information security program. This program is intended to safeguard the
security, confidentiality, and integrity of the personal information obtained from both consumers and
employees (Vivian, 2009). Additionally, the corporation is mandated to procure, biennially during the
subsequent two decades, an audit conducted by a certified, independent third-party expert to verify
compliance of its security program with the requirements outlined in the order.
The HIPAA settlement necessitates that CVS pharmacies establish policies and protocols for properly
disposing of protected health information. Additionally, they must implement a training program to
educate employees on appropriately handling and disposing of patient information. Internal monitoring
must also be conducted to ensure adherence to these guidelines. Furthermore, an external independent
assessor will evaluate compliance with these regulations for three years. CVS will also remit $2.25 million
to the Department of Health and Human Services (HHS) to resolve the issue above.
References
Vivian, J. C. (2009). HIPAA Breach Notification Rule.
US Pharm
,
34
(10), 56-59.
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