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David W. Parke II, MD to retire from OMIC Board at end of 2021

As many of you are aware, David W. Parke II, MD, recently announced that he will be stepping down at the end of the year after more than a decade as CEO of the American Academy of Ophthalmology. This news prompts me to reflect on Dr. Parke’s impressive tenure as leader of the Academy, including his crowning achievement, the IRIS Registry, and on the incredible impact Dr. Parke has had on OMIC since he joined our leadership team in 1999. Already a seasoned financial steward for the Dean McGee Eye Institute,...

MESSAGE FROM THE CHAIR:

The term “inflection point” is having its moment in 2021. The origins are from mathematics, meaning the point on a curve where it bends and changes direction. In physics, it’s the turn of the wheel, when one’s path is altered forever. And in business, it signifies the event that leads to a shift in how we move forward as an organization. Read Dan Briceland's Message from the Chair in the 2021 Digest Vol 31...

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The year of vision

AAO 2020
INSURANCE 101:

Why Should I Choose a Claims Made Policy?

First, claims made and reported policies are generally less expensive than occurrence policies because claims made carriers can more accurately predict the frequency and severity of claims that will be reported during the policy period. Occurrence carriers, on the other hand, must predict not only how many claims will arise from services rendered this year and how severe they’ll be, but also when they’ll be reported...






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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