Class Code: 8047

Per NCCI's Scopes Code Description:

Code 8047 applies to stores that are principally engaged in the wholesale distribution of prepared drugs, medicines and pharmaceutical ingredients intended for use in the preparation of drugs and medicines. Sales of the aforementioned products to health care facilities (e.g., nursing homes, hospitals, etc.) for use by that facility in the preparation of prescriptions for dispensation to its patients are contemplated by Code 8047.

Code 8047 additionally encompasses insureds engaged solely in the packaging or repackaging of drugs, medicines or pharmaceutical preparations compounded or manufactured by others. Such contract operations include packaging of all types except packaging in aerosol containers. Refer to Code 2111 for aerosol packaging operations.

Code 8047 stores may also sell merchandise such as cosmetics, hair preparations, combs, brushes, toothpaste, mouthwash, deodorants, disinfectants, soap, shampoo, baby products, bandages, dressings, cotton, fever thermometers, heating pads, vaporizers, sterilizers, elastic stockings, abdominal supports, splints, rubber water bottles, ice caps and shower caps. Code 8047 also applies to the wholesale distribution of vitamins and insureds engaged solely in the packaging or repackaging of vitamins.

Code 8047 additionally includes mail order sales of prescription drugs and vitamins.

OPERATIONS NOT COVERED:

   
1.    Wholesale stores which are engaged principally in selling the miscellaneous merchandise described above and which also sell a minor amount of medicines and drugs shall be assigned to Code 8018—Wholesale Stores NOC (Wisconsin: refer to bureau).
2.    This classification does not include compounding, blending, or mixing of drugs, medicines or pharmaceutical ingredients. If such operations are performed, they are assigned to Code 4611—Drug, Medicine or Pharmaceutical Preparations Mfg.

 

Note:  Refer to Note listed under Code 8001 for underwriting guidelines that are applicable to stores and dealers.

Rate per $100. of Renumeration: $ 0.72

Construction Exemption Required: No