As a member of Pharmacists Mutual Insurance Company, you are invited to the annual meeting on Friday, May 20, 2022, at 9:00 a.m CDT. The meeting will be held virtually and at the home office at 808 Highway 18 West in Algona, Iowa. If you are interested in attending the virtual meeting, please register at AnnualMeeting.phmic.com by May 19, 2022, at 12:00 p.m. CDT.
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May 9, 2022
2021 Annual Report
Click here to read Pharmacists Mutual Insurance Company’s 2021 Annual Report.
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April 20, 2022
Nurse Convicted in Medication Error Case
While health care professionals do not commonly face criminal charges for cases of negligence, the following cases show the possibility exists. For example, a nurse in Tennessee was recently convicted of gross neglect of an impaired adult and negligent homicide as a result of a medication error. The nurse intended to withdraw Versed® from a medication cabinet on the floor, but retrieved…
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February 28, 2022
RM Alert: Steps to Take to Protect Against a Cyberattack
Malicious attacks on your business can cripple operations. With the recent tensions in the Russia-Ukraine crisis, those crippling effects are closer than you think. At Pharmacists Mutual, we take government warnings seriously and aim to circumvent any malicious attacks upon our members. Federal cybersecurity professionals have issued warnings to American businesses that we should all heed.
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January 7, 2022
RM Alert: COVID-19 Reporting Reminder for California Members – SB 1159
This is a reminder that SB 1159 as signed by California Governor Gavin Newsom remains in effect.
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December 17, 2021
RM Alert: Flash Mob Robberies
“Flash Mob” thefts are increasing in frequency at retail locations.
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December 14, 2021
RM Alert: Cyber Security
On Friday, December 10, the IT world discovered a substantial cyber security exploit that impacts nearly every company in the country regardless of size. The technical name is called Apache Log4j. It is essentially a door that is easy to open, allowing the cybercriminal to take full control of your systems.
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November 4, 2021 – The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) announced an Emergency Temporary Standard (ETS) surrounding the Covid-19 vaccine.
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October 26, 2021
Congratulations to our 3rd quarter service anniversaries!
Did you know that pharmacies have provided more than 141 million doses of COVID-19 vaccines across the country as of early October? Last year, 48 million flu vaccines were given at pharmacies. As we continue to battle through the pandemic and this year’s flu season, it is important to be vigilant when providing multiple vaccines. There have been reports of mix-ups between COVID-19 vaccines and…
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October 22, 2021
PHARMACISTS MUTUAL INSURANCE GROUP ANNOUNCES SENIOR LEADERSHIP SUCCESSION PLAN
Contact: Lindsay Pilgrim lindsay.pilgram@phmic.com; 515-395-7277 www.phmic.com
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September 14, 2021
THE DES MOINES REGISTER NAMES PHARMACISTS MUTUAL INSURANCE COMPANY A WINNER OF THE IOWA TOP WORKPLACES 2021 AWARD
Algona, IA – Pharmacists Mutual has been awarded a Top Workplaces 2021 honor by Iowa Top Workplaces for the fifth consecutive year. The list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage LLC. The anonymous survey uniquely measures 15 culture drivers that are critical to the success of any organization:…
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August 27, 2021
RM Alert: Tropical Storm Ida
Tropical Storm Ida is currently in the Caribbean and expected to gain strength and become a hurricane this weekend. If it continues the predicted path, upper Texas, Louisiana, Mississippi, Alabama and the Florida Panhandle could have impact.
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August 20, 2021
RM Alert: Hurricane Henri
Tropical Storm Henri is expected to gain strength and become a hurricane by Saturday. If it continues the predicted path, it could make a rare landfall in New York, Rhode Island or Massachusetts by Sunday. Risks of storm surge, wind, and rain impacts in portions of southern New England and eastern Long Island are increasing. As with any storm, the predicted path is subject to change, so you are…
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August 4, 2021
Congratulations to our 2nd quarter service anniversaries!
Patty Elbert – In 1996, Patty joined Pharmacists Mutual as a Life/Health Account Admin. In 2001 she became a Coverage Advisor. In 2017 she was promoted to Coverage Advisor Manager where she remains today. Patty received the Quality Performance award in 1998 and 2002, the Gung Ho Award in 2010, Multi Line Producer Award in 2011, Coverage Advisor Sales Leader in 2014, Coverage Advisor of the Year…
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May 6, 2021
RM Alert: COVID-19 Vaccine Errors and Deviations
Case study: A patient presents to the pharmacy for a COVID-19 vaccine. During the intake process, the pharmacist mistakenly pulls the Moderna vaccine for a 16-year-old patient. The error is discovered during the documentation process after the injection was given. What should the pharmacist do?
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April 19, 2021
RM Alert: Opioid Cases Continued – Suggestions for Pharmacy Owners
Another court ruling involving pharmacists’ duties in the dispensing of opioid prescriptions has been issued. Like the Ohio case referenced in September 2020, the latest ruling involves the idea of Red Flags and pharmacists’ duty to resolve them. Shortly after the Ohio decision, Walmart filed suit against the Department of Justice (DOJ) in the Eastern District of Texas seeking a declaratory…
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March 12, 2021
RM Alert: Federal Covid-19 Safety Program targets certain industries
The Occupational Safety Health Administration (OSHA) has launched a National Emphasis Program (NEP), which focuses enforcement efforts on industries that have the greatest number of workers at serious risk of contracting the coronavirus. These are temporary programs, short of issuing an emergency Covid-19 safety standard, which many thought would come after President Biden’s executive order on…
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March 5, 2021
RM Alert: Civil Unrest
Pharmacists Mutual cares very much about the well-being of our members. We support the rights of people to assemble and protest injustice peaceably. We stand opposed to any violence and destruction that is perpetrated by groups in the cities and towns that we serve. We know that you are concerned about the civil unrest that has impacted numerous areas of our nation this past year. It is essential…
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January 26, 2021
Vaccination Requirement Considerations for Employers
As we move beyond the dark path created by the COVID-19 pandemic, we look forward to the prospect of greener pastures afforded through mass vaccinations. While the vaccination will lend itself greater control of the virus, it also presents a series of moral and ethical obligations to business owners of all sizes. There is no one size fits all approach to handling this topic in your workplace. We…
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December 22, 2020
Pharmacists Mutual Introduces New Individual Pharmacy Technician Professional Liability Policy
Algona, Iowa – Pharmacists Mutual Insurance Company, with its century-long legacy for personalized service to its members nationwide, is pleased to unveil professional liability coverage specifically for Pharmacy Technicians. The pharmacy technician profession is ever-changing and expanding. With these changes, there is an increase in professional liability exposure for the technician.…
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October 7, 2020
IMPORTANT – ACTION REQUIRED FOR CA WORKERS’ COMPENSATION MEMBERS
Dear Pharmacists Mutual California Members,
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September 21, 2020
UPDATES FROM OUR CEO REGARDING COVID-19
As active COVID-19 cases climb in northern Iowa, I have made the difficult decision to close the PMIG Algona, Iowa office to most employees and the public. Effective Monday, September 21, 2020, all Algona employees, with limited exceptions, will be working remotely. Similarly, the PMC Advantage offices will be open by appointment only.
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September 14, 2020
The Des Moines Register Names Pharmacists Mutual Insurance Company a Winner of the Iowa Top Workplaces 2020 Award
Algona, IA – Pharmacists Mutual has been awarded a Top Workplaces 2020 honor by The Des Moines Register. The list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage, LLC. The anonymous survey uniquely measures 15 drivers of engaged cultures that are critical to the success of any organization: including…
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September 8, 2020
Premium Deferral for Members Impacted by Hurricane Laura
For members with insurance policies issued in Louisiana and Texas who are affected by Hurricane Laura Upon request, payments due on Pharmacists Mutual Insurance Company, Chiron Insurance Company, and Rx Life policies (administered by Pharmacists Mutual) may be deferred for up to 60 days to provide extra time to work through this crisis. If you take advantage of this grace period, your policy will…
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September 1, 2020
Driving Change through One Simple Solution: Trees
Pharmacists Mutual Insurance Company Joins the Arbor Day Foundation’s Time for Trees™
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August 28, 2020
Premium Deferral for Members Impacted by Wildfire in California
Pharmacists Mutual is always with you – especially during your time of need. We are providing premium deferral of up to 60 days to members impacted by the fires in California.
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July 16, 2020
Pharmacists Mutual Insurance Company Named a 2020 Property-Casualty Ward’s 50® Company
Algona, Iowa – July 16, 2020 – Aon plc, a leading global professional services firm providing a broad range of risk, retirement, human capital, and health solutions, has released the list of Ward’s 50® top-performing insurance companies for 2020, identifying U.S. companies that have achieved superior financial performance. Ward benchmarking is the leading operational and compensation benchmarking…
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June 23, 2020
Annual Meeting Notice
As a member of Pharmacists Mutual Insurance Company, you are invited to the annual meeting on Wednesday, August 19, 2020, at 9:00 a.m. This meeting will be held virtually. If you are interested in attending the virtual meeting, please register at https://AnnualMeeting.phmic.com between July 20 and August 18, 2020, at noon. The agenda for this meeting is a report to members, the election of…
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June 10, 2020
RM Intel Alert: HB 2455
On Friday, June 5th, Illinois Governor J. B. Pritzker signed an omnibus labor bill that includes death benefits for first responders who were presumably infected with COVID-19 while on duty and workers’ compensation benefits for essential workers under certain conditions.
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May 4, 2020
COVID-19 Testing. Our pharmacists are covered.
Are you covered to order and administer COVID-19 tests to your patients? Yes, you are! Pharmacists are permitted to order and perform testing for COVID-19 pursuant to a declaration by the Secretary of Health and Human Services under the Public Readiness and Emergency Preparedness (PREP) Act. These activities are already included in the definition of Pharmacy Services in your professional…
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April 17, 2020
Personal Auto Credit Pharmacists Mutual COVID-19 Relief
Pharmacists Mutual Insurance Company has been helping our members through difficult times for more than 110 years. Due to a reduction in travel caused by the COVID-19 pandemic, we are refunding approximately 15% of Pharmacists Mutual’s personal auto premium earned in April and May of this year. The refund will be offered as a one-time premium credit of $25 per auto to our personal auto…
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The Coronavirus Aid, Relief, and Economic Security Act
Congress recently passed and President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law on March 27, 2020. The Act contains a multitude of provisions on a number of different topics. Pharmacists Mutual is providing this summary to help you implement the requirements under the Act. Since every business has unique circumstances, this Alert is for general…
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March 31, 2020
Inform: Families First Coronavirus Response Act
Congress recently passed and President Trump signed the Families First Coronavirus Response Act (HR 6201), which becomes effective April 1, 2020 and continues through December 31, 2020. Pharmacists Mutual is providing this alert to its members to help you implement the requirements under the act.
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March 19, 2020
Indy Health Incorporated Partners with Pharmacists Mutual Insurance Company for Independent Pharmacy Owned Medicare D Plan
Columbus, OH – March 19, 2020 Indy Health Inc. has partnered with Pharmacists Mutual Insurance Company to provide support for independent pharmacies and their patients. Indy Health Inc. has formed Indy Health Insurance Company, which will provide a Medicare Part D prescription drug plan designed to be friendly to independent pharmacies and patients. Indy Health Insurance Company is a transparent…
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Make Sure Your Family is Safe – Home Fire Preparedness
Jen Aultman, CPhT, Risk Management Consultant
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September 17, 2019
THE DES MOINES REGISTER NAMES PHARMACISTS MUTUAL A WINNER OF THE IOWA 2019 TOP WORKPLACES AWARD
Pharmacists Mutual has been awarded a 2019 Top Workplaces honor for the third consecutive year by The Des Moines Register. The list of companies recognized is based solely on employee feedback gathered through a third-party survey administered by research partner Energage, LLC, a leading provider of technology-based employee engagement tools. The anonymous survey measures several aspects of…
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July 17, 2019
Pharmacists Mutual Insurance Company Named a 2019 Property Casualty Ward’s 50® Company
Algona, Iowa – July 17, 2019 Pharmacists Mutual Insurance Company, with its century-long legacy in the insurance and risk management market, is pleased to announce that it has been named to the prestigious Ward’s 50®list of top insurance companies for 2019. This marks the fourth consecutive year Pharmacists Mutual has earned this esteemed recognition.
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June 17, 2019
A Breaking Problem
Jen Aultman, Risk Management Consultant, CPhT
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January 4, 2019
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.
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December 27, 2018
National Conference of Insurance Legislators (NCOIL) Meeting
Don McGuire of Pharmacists Mutual Insurance Company was among those attending the meeting of the National Conference of Insurance Legislators (NCOIL) in Oklahoma City. The purpose was to assist NCPA and other pharmacy groups in advocating for a PBM Licensure and Regulation Model Act. NCPA and its partners have worked on this effort for the last nine months. NCPA’s regulatory affairs VP Ronna…
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November 5, 2018
Pharmacists Mutual Provides Premium Deferral through January 15, 2019, for those in Specified Areas Impacted by Hurricane Michael
Pharmacists Mutual is always with you – especially during your time of need. We are providing premium deferral through January 15, 2019, to all our members affected by the recent hurricane in Georgia and part of Florida.
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September 24, 2018
Pharmacists Mutual Insurance Company Named a 2018 Property Casualty Ward’s 50® Company
Pharmacists Mutual Insurance Company, with its century-long legacy in the insurance and risk management market, is pleased to announce that it has been named on the prestigious Ward’s 50 list of top insurance companies for 2018. This marks the third consecutive year Pharmacists Mutual has earned this esteemed recognition.
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September 17, 2018
The Des Moines Register names Pharmacists Mutual a Winner of the Iowa 2018 Top Workplaces Award
Pharmacists Mutual has been awarded a 2018 Top Workplaces honor by The Des Moines Register. The list is based solely on employee feedback gathered through a third-party survey administered by research partner Energage, LLC (formerly WorkplaceDynamics), a leading provider of technology-based employee engagement tools. The anonymous survey measures several aspects of workplace culture, including…
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October 6, 2017
Pharmacists Mutual Provides Premium Deferral through December 31st for Puerto Rico
Pharmacists Mutual Provides Premium Deferral through December 31st for Puerto Rico
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September 20, 2017
Pharmacists Mutual Winner of 2017 Top Workplaces Award
THE DES MOINES REGISTER NAMES PHARMACISTS MUTUAL INSURANCE COMPANY A WINNER OF THE STATE OF IOWA 2017 TOP WORKPLACES AWARD
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September 19, 2017
Pharmacists Mutual Provides Premium Deferral through November 15
Pharmacists Mutual Provides Premium Deferral through November 15, 2017 for those in Specified Areas Impacted by Hurricanes Harvey and Irma.
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July 27, 2017
Ward’s Top 50 2017
Algona, Iowa – July 27, 2017 – Pharmacists Mutual Insurance Company, with its century-long legacy in the insurance and risk management market, is pleased to announce that it has been named to the prestigious Ward’s 50 list of top insurance companies for 2017. This marks the second consecutive year Pharmacists Mutual has earned this esteemed recognition.
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July 20, 2017
Pharmacists Mutual Unveils New Logo, Tag Line, and Vision for the Future
Algona, Iowa – July 20, 2017 – Pharmacists Mutual Insurance Company, a nationally recognized leader with a century-long legacy in the insurance and risk management market, today announced its new vision and tag line: “Tomorrow. Imagine That.” With this comes a planned refresh of the company’s corporate logo. Members and employees will begin to see the new logo revealed across print and digital…
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July 19, 2017
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 we are complying with the…
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April 27, 2017
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, an estimated $12.5 billion, or 5%, is…
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April 20, 2017
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 of this guest is Radon; a colorless, odorless, radioactive gas. Radon is the leading cause of lung cancer for…
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April 13, 2017
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…
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April 6, 2017
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 have a professional inspect your plumbing system and give feedback. Aging plumbing systems could have pipe…
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March 30, 2017
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 provide a prescription, up front, for pet owners to fill…
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