Skyscraper insurance has the ability to provide coverage’s that respond to the unique exposures of the pharmaceutical industry. Our modular policies allow us to tailor coverage around the individual business models and risk profile. Our carrier relationships and quick turnaround time make us the top choice for your pharmaceutical clients.
Health plans will help pay the cost of certain prescription medications. You may be able to buy other medications, but medications on your plan’s “formulary” (approved list) usually will be less expensive for you.
Some insurance companies may provide a one-time refill for your medication after you first enroll. Ask your insurance company if they offer a one-time refill until you can discuss next steps with your doctor.
If you can’t get a one-time refill, you have the right to follow your insurance company’s drug exceptions process, which allows you to get a prescribed drug that’s not normally covered by your health plan. Because the details of every plan’s exceptions process are different, you should contact your insurance company for more information.
Generally, to get your drug covered through the exceptions process, your doctor must confirm to your health plan (orally or in writing) that the drug is appropriate for your medical condition based on one or more of the following:
- All other drugs covered by the plan haven’t been or won’t be as effective as the drug you’re asking for.
- Any alternative drug covered by your plan has caused or is likely to cause side effects that may be harmful to you.
As specialists in serving the Pharmaceutical Industry, we know what it takes to design a comprehensive, cost-effective insurance program that will provide you with the most for your insurance dollar! You’ll be sure to appreciate the value of working with us making a direct comparison of coverage, service expertise and price.
Our Coverage includes:
- Professional Liability
- Product liability
- Product recall
- International Liability
- Increased liability limits to $20 million
- Commercial General Liability
- Umbrella / Excess Liability