Total Employers in Texas 342,000 -- 100%
Non-subscribers - 113,000 -- 33% (Est. 35% 12/13)
Govt. Required W.C. - 30,780 -- 9%
Work Comp Policies 198,220 -- * 58%
NOTE: Out of *58% (198,220 Employers that buy Workers Comp. optional)
19% -- Thought they HAD TO! (Agent lack of knowledge)
20% -- Wanted To Access WC HealthCare Network (Most Non-sub carriers access numerous
HealthCare Networks w/Re-pricing of claims included - most agents are not that
familiar w/HealthCare Networks)
21% -- Worried About Getting Sued! (Mostly life and health agents don't have a P&C license
so they can't write the newer P.E.I. products with Employers Liability [Legal], Legal Defense,
ERISA, Arbitration, etc. Coverages up to $10,000,000 per person can be written.)
60% of *58% = 34.8% of 198,220 Employers that purchase work comp are
PROSPECTS for NON-SUBSCRIPTION!
If you want to learn more about non-subscription...
check out our website or call Terry or JoAnne.
Survey of Employer Participation in the Texas Workers Compensation System, Public Policy Research Institute at Texas A&M University, and
the Texas Department of Insurance, Workers Compensation Research and Evaluation Group 2012.