Policyholder Services


2017 Members Report

OMIC’s 2017 Members Report was mailed to insureds in October. If you did not receive your copy or would additional copies, contact us at omic@omic.com. In this report: MESSAGE FROM THE CHAIR George Williams, MD discusses the effect of big data on our specialty. MESSAGE FROM THE CEO Tim Padovese celebrates 30 years of OMIC service by announcing some big news. FINANCIAL HIGHLIGHTS A 30-year look at OMIC financial and operational successes. 2017 OMIC Members Report

POLICY ISSUES:

Liability coverage of eye banks that process ocular tissue

KIMBERLY K WYNKOOP, ESQ, OMIC General Counsel OMIC has provided medical professional liability (MPL) insurance coverage to eye banks since 1999. Traditionally, eye banks procured, evaluated, and tested ocular tissue and then distributed the whole cornea or sclera to a surgeon. It was the responsibility of the surgeon to prepare the tissue as...
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COVERAGE QUESTION:

I would like to perform sublingual immunotherapy (SLIT) to treat ocular allergies. Is this covered under my policy?

Subject to other policy provisions, OMIC will extend coverage to ophthalmologists for direct patient treatment they provide that is within the ordinary and customary scope of practice of an ophthalmologist. Until recent years, allergy testing and treatment of the underlying cause of the allergy were more traditionally performed by allergists. Because these activities did not fall within the ordinary and customary scope of practice of...





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

#2. Leader in the industry.

A-rated by AM Best, OMIC is ranked #1 among 50 malpractice insurance companies in America for financial stability. No other carrier has matched OMIC's consistent financial performance with regard to both combined and operating ratios, the two most relevant financial measurements for an insurance carrier.

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