Insurance for the Compounding Pharmacy Business, Part 1: Who Is Covered?
Download in electronic PDF format for $65
Abstract: The practice of pharmacy was simpler in the past. Prior to the 1980s, pharmacists did not have to worry about “duty to warn” claims, or lawsuits for failure to adequately perform a prospective drug review, or claims that the pharmacist failed to counsel the patient adequately. In those earlier days, if a pharmacist put the right tablet in the bottle with the correct directions, there would be no claim or lawsuit. Occasionally, pharmacists would make a medication error. Putting the wrong pill in the bottle or mistyping the directions could result in serious injury and a significant claim for damages. But the number of errors was in keeping with the lower volume of prescriptions filled, and claims were relatively few. Today, community pharmacies fill over three billion prescriptions annually. In keeping with that statistic, the number of claims against compounding pharmacists and pharmacies has, understandably, also increased. Not all insurance policies for pharmacy professional liability have kept up with the
Related Keywords:
Kenneth R. Baker, BSPharm, JD, professional liability insurance, business owner's insurance policy
Related Articles from IJPC |
Title/Author
(Click for Abstract / Details / Purchase) |
Issue/Page
View/Buy |
Insurance for the Compounding Pharmacy Business, Part 2: What, When, and Where
Baker Kenneth R
|
Nov/Dec 2008
Pg. 514-523
|
Insurance for the Compounding Pharmacy Business, Part 1: Who Is Covered?
Baker Kenneth R
|
Sep/Oct 2008
Pg. 420-424
|
Insurance Considerations for the Pharmacy Professional
Jones Kirsten
|
May/Jun 2021
Pg. 190-195
|
Standard Operating Procedure: Compliance with the Health Insurance Portability and Accountability Act (HIPAA) of 1996
Allen Loyd V Jr
|
Jan/Feb 2008
Pg. 63
|
Pharmacists' Liability: What My Pharmacy Law Professor Did Not Cover
Rizo Mike
|
Jul/Aug 2013
Pg. 290-293
|
Discrepancies in the Law and the U.S. Food and Drug Administration Pharmacy Compounding Compliance Policy Guidelines
Allen Loyd V Jr
|
Jul/Aug 2016
Pg. 351
View Sample |
In Vitro Permeability, Irritability, and Release Evaluation of Commonly Used Topical Diclofenac Gel Preparations (1%, 5%, and 10%)
Kohan Hamed Gilzad, Baker David M, Sani Shabnam, Bielecki-Wilken Kathleen A, Ramirez Alfonso
|
Mar/Apr 2021
Pg. 146-155
|
Quality-Control Analytical Methods: Aqua Pura: Water Purification Systems and United States Pharmacopeia Waters for the Compounding Pharmacy, Part 3: Testimonials and Comparisons
James Kate, Allred Richard, Latta Kenneth S, McElhiney Linda F, Olson Jacob, Hall Richard M, Baker Chad, Armstrong Nicholas, Janik Peter, Whitehead Paul, Purcell Julian
|
Sep/Oct 2011
Pg. 390-407
|
Developing a Successful Compounding Business in a Small Town
Svoboda Angie
|
Mar/Apr 2002
Pg. 108-110
|
Motivation and Management: How to Build Your Business into the Job You Love
Beard Janet
|
May/Jun 2001
Pg. 166-169
|