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January/February 2009 - Ontario College of Pharmacists

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March 10, <strong>2009</strong><br />

Late Payments<br />

Late payments are subject to a late fee <strong>of</strong> $105 ($100 + $5<br />

GST) (if paid within 30 days after the due date) or $157.50<br />

(if paid more than 30 days after the due date). This includes<br />

cheques that are received early but postdated after<br />

March 10, 2008. Late payments are not processed until<br />

the late payment fee has been received.<br />

Move from Part A to Part B <strong>of</strong><br />

the <strong>College</strong>’s Register<br />

To elect to Part B <strong>of</strong> the <strong>College</strong> register please send an<br />

email to ocpclientservices@ocpinfo.com indicating your<br />

desire to move to Part B <strong>of</strong> the register. <strong>Pharmacists</strong> in<br />

Part B <strong>of</strong> the register are not required to obtain personal<br />

pr<strong>of</strong>essional liability insurance or participate in practice review.<br />

The renewal fee for a Part B pharmacist is $282.40.<br />

Member Emeritus<br />

Any pharmacist who has practiced continually in good<br />

standing in <strong>Ontario</strong> and/or other jurisdictions for at least<br />

25 years can voluntarily resign from the Register and<br />

make an application for the Member Emeritus designation.<br />

Members Emeritus are not permitted to practice<br />

pharmacy in <strong>Ontario</strong> but will be added to the roll <strong>of</strong> persons<br />

so designated, receive a certificate and continue to<br />

receive Pharmacy Connection at no charge.<br />

Once you have completed your information filing<br />

online and your payment has been processed,<br />

your wallet card and income tax receipt will be<br />

mailed to your residence.<br />

Personal Pr<strong>of</strong>essional<br />

Liability Insurance<br />

Mandatory for Part A pharmacists<br />

It is a mandatory requirement <strong>of</strong> your annual renewal to<br />

update the details <strong>of</strong> your personal pr<strong>of</strong>essional liability<br />

insurance. You will be able to update your insurance<br />

information while completing your online renewal. The<br />

list <strong>of</strong> insurance products and broker organizations that<br />

satisfy the criteria prescribed in <strong>College</strong> by-law is listed<br />

below. Members should be cautious if considering any<br />

other insurance products. If your insurance product is not<br />

on the pre-approved list you will be required to provide<br />

the <strong>College</strong> with additional details <strong>of</strong> your policy. It is the<br />

member’s responsibility to ensure that they have<br />

compliant insurance and that their insurance is fully<br />

portable regardless <strong>of</strong> their employment status.<br />

At this time, we can confirm that the following insurance<br />

products and organizations satisfy the criteria prescribed<br />

in <strong>College</strong> by-law:<br />

• <strong>Ontario</strong> Pharmacist’s Association<br />

- AON Reed Stenhouse<br />

• Canadian Society <strong>of</strong> Hospital <strong>Pharmacists</strong><br />

- The Insurers Financial Group<br />

• Aviva Canada - This product is available through multiple<br />

insurance brokers across <strong>Ontario</strong> and through specific<br />

agreements with various pharmacy groups/networks.<br />

The list <strong>of</strong> brokers includes but is not limited to:<br />

• Cockburn & Sons<br />

• Palermo<br />

• Pilot<br />

• Pottruff & Smith<br />

• Sound Insurance<br />

• Unison<br />

• Willis<br />

• Gellatly Insurance Limited<br />

- The Economical Insurance Group<br />

• HKMB Hub International<br />

– Chubb Insurance<br />

• McCaslin Horne Insurance Brokers Inc.<br />

– Grain Insurance (Pharmaguard Individual<br />

MalPractice Liability)<br />

• Pottruff and Smith<br />

– Aviva, ING, Lombard<br />

pharmacyconnection • <strong>January</strong>/<strong>February</strong> <strong>2009</strong><br />

11

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