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OMIC’s Top 10 – Claims Payments

OMIC continues to outperform multispecialty carriers in every tracked industry statistic regarding defense of ophthalmic claims. The cumulative average settlement for ophthalmology (OMIC vs. industry) was $151k to $185k in 2010. OMIC beat the industry in every year of the past decade, as well as since inception of the company.  Only 3 cases have exceeded $1M in the history of OMIC. See below for OMIC’s top 10 settlements and verdicts since 1987.

OMIC’s Top 10

  1. $3.4M          ROP
  2. $2.0M          Glioma in 10 mo old baby
  3. $1.8M          Glaucoma in 8 yr old
  4. $1.0M          Tx of corneal ulcer in 2 yr old
  5. $1.0M          Misdx sarcoid/Pred overdose
  6. $1.0M          ROP
  7. $1.0M          ROP
  8. $999k          Stroke post strab surgery
  9. $983k          LASIK ectasia
  10. $975k          Puncture in chalazion surgery
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Six reasons OMIC is the best choice for ophthalmologists in America.

Leader in the industry.

A-rated by AM Best, OMIC is consistently ranked among the top malpractice insurance companies in America for financial stability. No other carrier has matched OMIC's consistent financial performance with regard to both combined, operating, and surplus ratios, the most relevant financial measurements for an insurance carrier.

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