NEWS ARCHIVE
Pharmacists Mutual News & Announcements
Risk Management Alerts
Tornado Preparedness
With winter behind us, our thoughts turn to spring and summer. Unfortunately, with the change of season, also comes the threat of tornados. As with every threat we face in life, putting it into context helps us decide what to do to prepare for the threat. Tornados: Occur more frequently in the U.S. than anywhere…
ALERT: Members in Illinois
The Illinois Department of Insurance issued Bulletin 2017-03 on July 17, 2017, regarding the flooding that has affected Cook, Kane, Lake, and McHenry counties in Illinois. This bulletin was issued to all companies licensed to transact business in Illinois. Pharmacists Mutual Insurance Company and The Pharmacists Life Insurance Company are aware of this bulletin, and…
Dental Fraud: A $12.5 Billion Dollar Problem
People often see dentists as professional, caring, ethical and honest individuals. However, there are employees and some dentists out there that can tarnish this image. An emerging issue that is growing is fraud in the dental practice. According to the National Health Care Anti-Fraud Association, of the $250 billion spent on dental care procedures annually,…
Foundation Cracks – Unseen Danger
Do you have cracks in your home’s foundation walls or floor? Cracks in your foundation can allow water to seep in, causing damage to the interior of your home. These cracks can also let in something you can’t even see-. You may have a guest in your house and not even know it. The name…
Drug Security in the Independent Pharmacy
Since the CDC declared an epidemic of prescription drug abuse in the United States in 2010, numerous programs and initiatives have been implemented to control access to narcotics. These have included prescription drug monitoring, increased DEA activity, addiction treatment funding, changes in prescription guidelines, drug take back programs, crackdowns on pill mills, and rescheduling of…
Sewer Backup Prevention and Coverage
To prevent a back up of your sewer and drain system, it is helpful for property owners to be aware of what might cause a back up, and what preventative measures can be taken. Whether you are purchasing a new home, or have owned your property for several years, it can provide great benefit to…
Veterinary Prescriptions … Are You Prepared?
Community pharmacists face a growing challenge: They are being asked to fill an increasing number of veterinary prescriptions. This trend is here to stay, and the challenges pharmacists face in filling pet prescriptions will be compounded if the Fairness to Pet Owners Act of 2015 is enacted as law. This Act would require veterinarians to…
Smartphone Apps for the Pharmacist
Looking for smart phone apps for Pharmacists? Type “smart phone apps for the pharmacist” in a Google search and you’ll get about 92,000,000 hits. We found it pretty easy to search through and find something for just about every aspect of pharmacy. Everything from drug guides to symptom checkers, apps about vacinations and even popular…
Honesty About Dishonesty – Employee Theft
No businessowner wants to think about an employee stealing from them. Nor does a businessowner want to think about their vendors stealing from them. Even if we don’t want to think about these things happening, the reality is, it most likely has or will happen. Do you really know what your business insurance covers or…
The Impact of Insurance Fraud
Insurance fraud − in the most simple of terms − is a lie told to steal the financial protections and benefits of insurance. Insurance fraud is a felony crime that imposes significant financial and personal costs on individuals, businesses and society as a whole. It’s a crime that is not only widespread, but also growing,…