NAICS UNIVERSITY · Free research for insurance agents
Pharmacies and Drug Retailers
NAICS 456110 · United States · 2022 edition
This industry comprises establishments generally known as pharmacies and drug retailers engaged in retailing prescription or nonprescription drugs and medicines.
Start with the work promised to the client.
For Pharmacies and Drug Retailers, clarify the services, contracts and consequences of an error. Review professional liability / errors and omissions, product liability, compounding liability. Confirm which professional activities and additional services the proposed coverage actually addresses.
Questions to ask
- Does the pharmacy perform any compounding — if so, is it non-sterile, sterile, or hazardous drug compounding, and what is the approximate percentage of revenue from compounding?
- What is the approximate annual prescription volume and total revenue split between prescription and OTC/retail?
- Does the pharmacy dispense specialty medications such as biologics, oncology agents, or rare disease therapies?
- Are any delivery services offered — pharmacy-owned vehicles, employee personal vehicles, or third-party couriers?
- What electronic systems are used for dispensing and patient records, and what cybersecurity controls are in place?
- Has the pharmacy had any DEA audits, state board of pharmacy actions, or disciplinary proceedings?
- What is the controlled substance inventory value on hand at any given time, and what physical security controls are in place?
- Does the pharmacy provide immunization services, medication therapy management, or other clinical services beyond dispensing?
Activities described by this code
Other activities to examine
- Retailing food supplement products, such as vitamins, nutrition supplements, and body enhancing supplements: 456191 — Food (Health) Supplement Retailers;
- Providing pharmacy benefit management (PBM) services: 524292 — Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds
Census classification reference
For educational purposes only. AI-generated insurance research and automated logic can contain errors. Independently verify classification and coverage decisions.
Compare another operationInsurance operations research — draft
Pharmacies dispense prescription medications, counsel patients on drug use and interactions, sell over-the-counter drugs and health products, and in many cases offer ancillary services such as immunizations, blood pressure monitoring, diabetes management supplies, and compounding. Operations range from simple prescription-filling counters within larger retail stores to full-service independent community pharmacies with counseling rooms, compounding labs, and durable medical equipment sections.
Questions to investigate
- Does the pharmacy perform any compounding — if so, is it non-sterile, sterile, or hazardous drug compounding, and what is the approximate percentage of revenue from compounding?
- What is the approximate annual prescription volume and total revenue split between prescription and OTC/retail?
- Does the pharmacy dispense specialty medications such as biologics, oncology agents, or rare disease therapies?
- Are any delivery services offered — pharmacy-owned vehicles, employee personal vehicles, or third-party couriers?
This insurance research was generated in April 2026. It has not received a complete human review. The October 12, 2026 audit checked codes and titles only, not descriptions or coverage assertions.