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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.

Largest insurer in the U.S.

OMIC is the largest insurer of ophthalmologists in the United States and we've been the only physician-owned carrier to continuously offer coverage in all states since 1987. Our fully portable policy can be taken with you wherever you practice. Should you move to a new state or territory, you're covered without the cost or headache of applying for new coverage.

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