Policyholder Services

Can OMIC ever assess me for additional premium?

No, OMIC’s policy is non-assessable.  Although changes in your practice location, scope of practice, or liability limits may affect your premium, under no circumstance can OMIC collect more money from you to recoup losses and expenses that exceed the initial premium charged to you for a policy period.

However, if you are a physician licensed and practicing in Massachusetts, your state may collect from you any and all state-ordered assessments as a condition of your medical licensure.  Similarly, New Hampshire physicians who were previously insured by the state’s Joint Underwriting Association may be responsible for state-ordered assessments.  If a state orders an “assessment,” such assessments generally apply to all practicing physicians, regardless of their insurance carrier.

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

Leader in the industry.

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