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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 information and is not intended to provide legal or tax advice.  Due to the complexities of the law, members are encouraged to contact their attorney and/or tax advisor for specific advice on requirements and limitations of the provisions.

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.

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 Medicare D plan that offers better reimbursements to independent pharmacies along with no DIR fees.  The plan will also provide enhanced patient care and compliance while lowering drug plan costs to consumers.

March 16. 2021

Jen Aultman, CPhT, Risk Management Consultant

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 workplace culture, including alignment, execution, and connection, just to name a few.

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.

Jen Aultman, Risk Management Consultant, CPhT

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. 

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 Hauser and state government affairs VP Anne Cassity advocated for the measure at the meeting.  On December 8, 2018, NCOIL approved the proposed PBM Licensure and Regulation Model Act.  A Model Act provides a template for legislatures to use when drafting and passing statutes in their states.