Introducing Ophthalmic Mutual Insurance Company (OMIC)

Introducing Ophthalmic Mutual Insurance Company (OMIC)

The Administrative Advantage MSOTM

Designed Exclusively for Ophthalmology and Optometry


Ophthalmic Mutual Insurance Company (OMIC)*


Our Management Services Organization (MSO) is a sophisticated buying group designed exclusively for ophthalmology and optometry. Membership allows you to make standard purchases for your practice as part of a larger group – ultimately saving you time and money. Imagine having the purchasing power of a 4 billion-dollar practice! Practices of any size can now have access to significant purchasing power due to the power of The Administrative Advantage MSO.

”We are excited to announce that The Administrative Advantage MSO™ has partnered with OMIC to provide discounted rates for malpractice coverage for ophthalmology and optometry practices that want to transfer their current malpractice coverage from their existing carrier to OMIC,” says Joe Carroll, President and CEO of Advantage Healthcare Consulting which is a division of Advantage Administration, Inc. For more than 30 years, OMIC has provided malpractice protection specifically for ophthalmology practices and OMIC’s policy is the only one in the industry written specifically for ophthalmology.

Reasons to Choose OMIC:
Settle 25% fewer claims and lawsuits than other companies

Average indemnity payment is 27% lower than the industry norm

Close 82% of reported claims without a payment

A-rated by A.M. Best

Higher policyholder dividends, averaging 20.8% annual return from 2012-2016

Broad collection of policy benefits including 17 regulatory and cyber coverage benefits up to $100,000

Risk management hotline and risk management seminars

Ophthalmic educational resources

HIPAA privacy defense and regulatory protection

Cyber security coverage

The Administrative Advantage MSOTM Membership Cost

$295.00/year, regardless of your practice size

$99.00/year to add your ambulatory surgery center

If you have questions call toll free, 866-217-4214 for more information.


*Subject to underwriting and qualified new customers