Risk Management



OMIC Board Increases CV Risk Management Discount to 10%

The Ophthalmic Mutual Insurance Company (OMIC) announced today that policyholders who are members of ophthalmic societies with an OMIC educational alliance (cooperative venture) will now earn a 10% risk management discount when they complete an approved OMIC risk management event. This discount now averages more than $1,000 nationally.

By increasing the special risk management discount from 8% to 10% for annual participation in an OMIC CV risk management event, OMIC hopes to encourage support for state and subspecialty societies and lower overall insurance costs for our policyholders. This change will be effective for any risk management event occurring on or after January 1, 2012.

It’s easy for policyholders to take advantage of this program. More than 40 state and subspecialty societies have signed an agreement. If your society does not currently have an alliance with OMIC, contact them and ask them to form one today.

For more information on how the OMIC educational alliances work with state and subspecialty ophthalmic societies visit the OMIC Partners page on this web site.

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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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