Browsing articles from "September, 2013"

Now That’s a Lot of Benjamins…OMIC Declares $9.5 Million Dividend to be Paid in 2014

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image_benBenjamin Franklin graces the front of the $100 bill and if you’re an OMIC-insured physician, or if you’re a physician that joins us before year-end, you’ll be seeing a lot more of him next year. We are pleased to announce that OMIC’s Board of Directors approved a 25% dividend for all active physician insureds as of December 31, 2013, to be applied as a credit to your 2014 renewal premium. Historical rate and dividends information and graphs. Common dividend questions answered here. OMIC has announced dividends totaling more than $30 Million since 2009. The cumulative per-physician dividends declared by OMIC during recent years approaches $11,000.




Six reasons OMIC is the best choice for ophthalmologists in America.

Best at defending claims.

An ophthalmologist pays nearly half a million dollars in premiums over the course of a career. Premium paid is directly related to a carrier’s claims experience. OMIC has a higher win rate taking tough cases to trial, full consent to settle (no hammer) clause, and access to the best experts. OMIC pays 25% less per claim than other carriers. As a result, OMIC has consistently maintained lower base rates than multispecialty carriers in the U.S.

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