Browsing articles in "Policy Booklet"

Policy Forms and Updates

The policy Terms and Conditions (booklet and updates, if any) in place on the effective date of the Policy Period listed on your policy Declarations are the policy Terms and Conditions applicable to that Policy Period. However, if OMIC adopts any revisions that broaden coverage without payment of additional premium, the broadened coverage will automatically apply on the date OMIC authorizes the change.

2020 Policy Booklet

1/1/2020 Policy. Click on the policy booklet image to download a PDF copy of the policy effective as of January 1, 2020 – Form OPF20001. Kansas ophthalmologists, please click here for a policy with Kansas-specific notice. The 1/1/2020 Policy was modified effective 1/1/2020, 3/1/2021, 1/1/2022, and 5/21/2022. Modifications may be viewed here.

2024 Policy Booklet

9/1/2024 Policy. Click on the policy booklet image to download a PDF copy of the policy effective as of September 1, 2024 – Form OPF24001. Kansas ophthalmologists, please click here for a policy with Kansas-specific notice.

9/2013 Policy & 5/2015 Update

Policy Booklet // No Comments

2013 Policy Booklet

9/2013 Policy. Click on the policy booklet image to download a PDF copy of the policy.

1/2015 and 5/2015 Policy Update. OMIC has updated its 9/2013 professional and limited office premises liability policy effective January 1, 2015, via policy insert. Most significantly, OMIC has increased the limit on its broad regulatory protection and eMD™ cyber liability coverage from $50,000 to $100,000 for all claims/proceedings per policy period. OMIC has also revised its Terrorism Insurance Coverage Endorsement per federal law. Finally, OMIC slightly revised its Surgery Class 1 and Surgery Class 2 definitions. In May 2015 the Board of Directors liberalized its oculofacial procedure coverage and made a few other minor updates to the policy, as reflected in the revised insert. Download a PDF copy of the update here: Policy Update 2015 Insert 1.1 changes and 5.2 changes

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.