Pharmacists work hard to develop
relationships with customers, and that effort shows. People rely on the guidance and advice of a qualified
pharmacist to help them understand and properly use the medications prescribed for them by doctors. The pharmacist
fulfills a vital role in wellness of their customers: that of ensuring that each patient understands exactly how
their medications should be administered and how to avoid harmful complications.
Pharmacology is a complex field that is constantly being updated. New drugs are available on a regular basis and it
is part of the pharmacist’s responsibilities to keep abreast of any developments that may affect their practice.
They must be able to identify and understand how each drug works, how it may interact with other medications, and
be on the lookout for any possible complications. It’s no easy job, and that is why having pharmacist malpractice
insurance is so important.
Pharmacist Malpractice Insurance -
Why Do You Need It?
Mistakes can occur even for an
experienced and knowledgeable pharmacist. Chances are that the pharmacist’s employer will carry some professional
liability insurance that covers them and their employees to some extent in the event of an accident or error.
However, this insurance may not be sufficient to cover the pharmacist’s needs. To err on the side of caution, more
and more pharmacists are electing to purchase their own malpractice insurance policy.
Pharmacist malpractice insurance is a relatively inexpensive service, yet it can prove to be invaluable should a
malpractice lawsuit ever be brought against the pharmacist. A simple miscount of pills or mistaking one medication
for another can lead to harmful effects to the patient. If the patient suffers any sort of damage from this error –
whether it is physical or financial – the patient may be able to bring a malpractice lawsuit against the
Pharmacist Malpractice Insurance - What
You Should Know
If this happens, it can devastate the
life of the pharmacist. They may be suspended from work or may have to miss considerable amounts of work to deal
with the lawsuit. Additionally, the costs of a lawsuit can be extremely difficult to deal with. Attorney fees and
court costs alone can prove to be singularly detrimental to any current income and to the pharmacist’s savings
Pharmacist malpractice insurance helps alleviate many of the costs associated with a malpractice lawsuit. The
pharmacist will be able to secure adequate legal counsel, pay court fees, and compensate the plaintiff if necessary
– and all without financial distress.
Last modified: May 15, 2011