Policyholder Services


2018 Members Report

We recently published our 2018 Members Report. Policyholders should receive their copy within a few weeks. Our specialty and our industry are changing fairly rapidly. We discuss your company's leadership in an unsteady environment. In this report: MESSAGE FROM THE CHAIR George Williams, MD discusses the changes occurring in our specialty. MESSAGE FROM THE CEO Tim Padovese celebrates another stand-out year by announcing some big news. FINANCIAL HIGHLIGHTS Robert Wiggins MD highlights two OMIC financial and operational metrics that show our superior performance compared to multispecialty carriers. 2018 Members Report

POLICY ISSUES:

What will OMIC pay for if I am sued?

You probably know the limits of liability you carry for your medical professional liability insurance. But have you wondered what these limits pay for?  Many insureds carry $1 million per claim/$3 million aggregate limits. This means they have $1 million to pay damages for each claim that comes in that policy year, and the...
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(800) 562-6642 (Press 1)

Proof of Insurance or Claim History:
(800) 562-6642 (Press 2)

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(800) 562-6642 (Press 3)

Recent Articles

2017 Members Report

Questions

COVERAGE QUESTION:

I examine infants with a history of ROP for amblyopia, strabismus, and myopia. Do I need to complete an ROP questionnaire?

To answer the question, it is helpful to first explain why we ask physicians who provide ROP care to complete a supplemental questionnaire and undergo special underwriting review. Due to their potential for extremely high payouts, OMIC has developed underwriting requirements to reduce the risk of ROP-related claims and to improve the company’s ability to defend the insured...





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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