SB 1217 Summary

• Raises the reporting threshold for professional liability settlements and judgments from $3,000 to $10,000 for pharmacists licensed under the Pharmacy Act (Chapter 9), while maintaining the $3,000 threshold for other healing arts practitioners.

• Requires insurers providing professional liability coverage to pharmacists to report settlements or arbitration awards exceeding $10,000 to the California State Board of Pharmacy within 30 days.

• Requires uninsured pharmacists to self-report settlements, judgments, or arbitration awards exceeding $10,000 for claims involving death or personal injury within 30 days to the California State Board of Pharmacy.

• Governmental agencies that self-insure pharmacists must report settlements or arbitration awards exceeding $10,000 to the California State Board of Pharmacy within 30 days.

• Updates the central file requirements for healing arts boards to include judgments and settlements exceeding $10,000 for pharmacists, separate from the $3,000 threshold applied to other licensed practitioners.