WHO WRITES NON-SUBSCRIPTION VS. WORK COMP?

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.)
000
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.
Information Source
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.
Copyright © T.M. Ferrell Associates San Antonio, TX
terry@ferrellassociates.com