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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 values, communication, and connection, just to name a few.

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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 remain in place without coverage disruption or cancellation. You are still obligated to pay the full premium owed, but this obligation may be delayed.

If you are set up for automatic Electronic Fund Transfer (EFT) or PhMIC scheduled payments through our online payment system, those payments will continue to be processed as arranged. However, upon request, we will not assess fees if your account has insufficient funds during the deferral period. If you would like to have your automatic payment temporarily suspended, please call 800.247.5930 ext. 4120.

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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 and best practices service for insurance companies.

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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 Directors to expiring terms, and other such matters as may properly come before the meeting, as specified in the Bylaws. Members may add business items to the agenda by written submissions to the Secretary at least 30 days prior to the meeting. If you are unable to be present, we encourage you to be represented by proxy by completing the online proxy form at https://apps.phmic.com/proxy/.

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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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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 liability policy from Pharmacists Mutual. There is no need to add anything to your policy in order to provide this essential service. Thank you for all that you have done and will do for your patients!

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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 policyholders. We are offering this assistance at a time when many of our members are working together to help “flatten the curve”.

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