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Update: FDA formally requests recall of AmEx Pharmacy sterile products

UPDATE: FDA issues formal request to AmEx Pharmacy to recall sterile products. AmEx issues voluntary recall. This is an update to OMIC’s earlier guidance on the FDA’s recommendation of a voluntary recall. The FDA has now issued a formal request to the outsourcing facility to recall all non-expired lots of drugs intended to be sterile. Here are excerpts from the August 27, 2019 FDA press release, which is available at https://www.fda.gov/news-events/press-announcements/fda-requests-recall-sterile-compounded-drug-products-produced-pacifico-national-inc-dba-amex. AmEx issued the voluntary recall on August 30, 2019: https://www.fda.gov/safety/recalls-market-withdrawals-safety-alerts/pacifico-national-inc-dba-amex-pharmacy-issues-voluntary-nationwide-recall-all-lots-bevacizumab.  Excerpts from the FDA press release “An FDA...

EYE ON OMIC:

OMIC declares another large dividend to be paid in 2018

We are pleased to announce a 20% dividend for policyholders renewing in 2018. Since 2007, OMIC has declared dividends totaling more than $80 Million. To put this into perspective, on average, each of our physician policyholders has received cumulative credits equal to twice their annual premium. We are thrilled that our insureds have received two of the past ten years of coverage at essentially no...

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OMIC Announces 2020 Dividend Credit and 2020 Rate Readjustment

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UPCOMING EVENTS:

Feb
29
Sat
all-day Ohio Ophthalmological Society (O... @ Hilton Columbus at Easton Town Center
Ohio Ophthalmological Society (O... @ Hilton Columbus at Easton Town Center
Feb 29 all-day
Ohio Ophthalmological Society (OOS), February 29, 2020, in Columbus, Ohio @ Hilton Columbus at Easton Town Center | Columbus | Ohio | United States
OMIC will offer a risk management session at the annual Ohio Ophthalmological Society (OOS) meeting planned for Saturday, February 29, 2020 (leap year). Location: Hilton Columbus at Easton Town Center, Columbus, Ohio Time: afternoon Speaker:[...]
Mar
6
Fri
all-day Illinois Society of Eye Physicia... @ Donald Stephens Convention Center
Illinois Society of Eye Physicia... @ Donald Stephens Convention Center
Mar 6 all-day
Illinois Society of Eye Physicians and Surgeons (ISEPS) 2020 meeting, March 6, 2020 @ Donald Stephens Convention Center | Des Plaines | Illinois | United States
Join us in Rosemont on Friday, March 6, 2020, for a risk management OMIC presentation.  The ISEPS-COS “Perfect Vision” 2020 (leap year)  meeting will begin at 8:30 a.m. and the OMIC session is scheduled to[...]
Mar
20
Fri
all-day Pittsburgh Ophthalmology Society... @ Pittsburgh Marriott City Center
Pittsburgh Ophthalmology Society... @ Pittsburgh Marriott City Center
Mar 20 all-day
Pittsburgh Ophthalmology Society 56th Annual Meeting, March 20, 2020 @ Pittsburgh Marriott City Center | Pittsburgh | Pennsylvania | United States
Join us in Pittsburgh, PA on March 20, 2020, for the 56th Pittsburgh Ophthalmology Society Annual Meeting. Please take a moment from your schedule to stop by the OMIC booth at the meeting with any[...]







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

#3. 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 your 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’s base rates have consistently averaged approximately 15% lower than multispecialty carriers in the U.S.

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