News

New society partnerships provide benefits for more ophthalmologists

During the past year, we’ve entered into educational partnerships with three new societies: the Wisconsin Academy of Ophthalmology, the Oregon Academy of Ophthalmology, and the Vit-Buckle Society.

OMIC maintains alliances with most ophthalmic state, subspecialty, and special interest societies in the United States. The Vit-Buckle Society is our 52nd partner organization. Through these cooperative agreements we share patient safety and risk management information and support local lobbying and tort reform efforts.

Policyholders who are members of partner societies earn a 10% risk management discount (an average premium credit of $800) when they complete an approved OMIC risk management event. Since 2000, OMIC has distributed more than $17 million in special premium discounts through this program.

Participate and save on your premium

1. Join (or maintain) state, subspecialty, or special interest partner society membership. (Go to omic.com/partners to see our current list.)

2. Participate in one jointly sponsored OMIC risk management activity per year. For some partners, a jointly sponsored event is any OMIC risk management activity, including a live seminar, audioconference, webinar, or online course. (Certain partners may require attendance at a live OMIC-society event, which is usually conducted during the society’s annual meeting.) To find out what your society requires, visit the partner page at omic.com/partners.

Risk management discounts

Premiums are reduced for physicians who participate in OMIC’s risk management program. To earn your credit, you must complete one activity per year. Credits are generally applied to the renewal policy period following the year in which an activity was completed. Your underwriter will track activity and automatically apply any applicable discounts for you.

OMIC generally awards a credit of 5% for risk management activities; however, you may qualify for a 10% discount as an active member of an OMIC partner society. We will honor the credit for approved activities non-OMIC physicians complete within one year of joining OMIC.

If you believe you have not received credit for completing an OMIC-sponsored risk management course, event, or activity, speak with your underwriter. For contact information or to identify your representative, visit omic.com/policyholder-services/contact-my-rep/underwriting.