Current through Register Vol. 54, No. 50, December 14, 2024
Section 27.312 - Certification of professional liability insurance-collaborative agreement(a) A licensee who is a party to a collaborative agreement authorizing the management of drug therapy shall obtain and maintain a level of professional liability insurance coverage in the minimum amount of $1 million per occurrence or claims made. The Board will accept from a licensee as satisfactory evidence of insurance coverage any of the following: (1) Personally purchased liability insurance.(2) Professional liability insurance coverage provided by the individual licensee's employer.(3) Similar insurance coverage acceptable to the Board.(b) A licensee who engages in the management of drug therapy under a collaborative agreement shall provide an affidavit to the Board that the licensee has obtained professional liability insurance in accordance with subsection (a) on a form available from the Board. The licensee shall submit the completed affidavit form to the Board with the collaborative agreement.(c) A licensee who engages in the management of drug therapy under a collaborative agreement shall, upon request, make available to the Board or its agents a certificate of insurance regarding the licensee's maintenance of professional liability insurance.(d) Failure to maintain insurance coverage as required under the act and this section will subject the licensee to disciplinary action under section 5(a)(6) of the act (63 P. S. § 390-5(a)(6)).The provisions of this § 27.312 adopted August 21, 2015, effective 8/22/2015, 45 Pa.B. 4911.