News

New regulatory and cyber (eMD) liability benefits

We are pleased to announce that four new coverage benefits are being added to your professional liability policy effective January 1, 2016. Enhancements include Proactive Privacy Breach Response Costs and Voluntary Notification Expenses, which allow insureds an opportunity to take preemptive actions to avoid adverse situations prior to legal requirements to do so; BrandGuard™, which provides reimbursement for lost revenue directly resulting from an adverse media report or notification to patients regarding security or privacy breaches; and PCI DSS Assessment coverage to pay fines or penalties levied by the Payment Card Industry Data Security Standards Council (for VISA, MC, AmEx, Discover, and JCB merchants who are not PCI DSS compliant). Policyholders can learn more about these and other OMIC benefits at http://www.omic.com/policyholder/benefits/.

Coverage for regulatory and cyber electronic media (eMD) exposures is included in OMIC’s standard professional liability policy at no additional premium, subject to a per policy period sublimit of $100,000 per claim and in the aggregate. The sublimit for disciplinary proceedings related to direct patient treatment is $25,000.

Congratulations to the winner

Thank you to everyone who connected with us during the annual meeting of the American Academy of Ophthalmology in Las Vegas, Nov. 14–17, 2015. We had more than 1,200 people attend our seminars, events, and exhibit booth. Thank you for your support and for another great year of accomplishments. A special congratulations to Dr. Michelle Boyce of Kansas, who was the winner of our drawing for an iPad Pro! Dr. Boyce is a resident in the Department of Ophthalmology at the University of Kansas Medical Center.

YO news

Ophthalmologists in their early years of practice are encouraged to connect with us on the YO News page at http://www.omic.com/partners/yo-news/. You will find resources designed specifically for young ophthalmologists and links to our social media community pages. Events that OMIC has sponsored in the past, such as the YO Global Reception and YO Lounge instructional courses, are also highlighted.