Policyholder Services



Will my claim be reported to the National Practitioner Data Bank?

Only if damages are paid on your behalf.  The National Practitioner Data Bank represents a depository of information available to state licensing boards, hospitals, and other health care entities and professional societies to provide data to those involved in credentialing or regulating physicians.  All medical malpractice insurers, state licensing boards, hospitals and other health care entities, and professional societies are required to report information to the National Practitioner Data Bank.  Therefore, if OMIC pays any damages on your behalf due to settlement or award of a claim, we are obligated by law to report the payment to the National Practitioner Data Bank and to send a copy of that report to your state.  For this reason, we take great care in advising you about the ramifications of any settlement.

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

Consistent return of premium.

Publicly-traded insurance companies exist to make profits for shareholders while physician-owned carriers often return profits to their policyholders. Don’t underestimate this benefit; it can add up to tens of thousands of dollars over the course of your career. OMIC has one of the most generous dividend programs for ophthalmologists and has returned more than $90 Million to our members through dividends.

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