Risk Management



Noncompliance: what are the liability risks?

September 5, 2023

Dear OMIC Insureds:

Insureds face liability risks when patients fail to keep appointments, elect to not undergo testing, or decline treatment due to costs or personal reasons. Insureds report an increase in patients who are unable to pay their medical bills due to high deductibles, but require ongoing treatment. Take proper steps to protect the patient, yourself, and the practice.

To read more about this topic, refer to our recommendations on:

Noncompliance Guidelines
The High Cost of Refused Care – OMIC
Terminating Care for Financial Reasons

If you have questions about this topic or would like to have a confidential risk management consultation, please email riskmanagement@omic.com or call the Risk Management Hotline at 1-800-562-6642 and enter 4 for Risk Management.

Sincerely,

Michelle Pineda
OMIC Risk Manager

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

Best at defending claims.

An ophthalmologist pays nearly half a million dollars in premiums over the course of a career. Premium paid is directly related to a carrier’s claims experience. OMIC has a higher win rate taking tough cases to trial, full consent to settle (no hammer) clause, and access to the best experts. OMIC pays 25% less per claim than other carriers. As a result, OMIC has consistently maintained lower base rates than multispecialty carriers in the U.S.

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