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Workers' Compensation Insurance in the US - Procurement Research Report

Workers' Compensation Insurance Procurement in the US

This report is intended to assist buyers of workers' compensation insurance, which is a type of insurance that covers workplace injury. Workers’ compensation insurance provides the injured employee with wage replacement and medical benefits. In return, the employee relinquishes the right to sue their employer for negligence. Common buying markets for workers’ compensation insurance include mining companies, construction firms, manufacturers and healthcare providers. Buyers can procure workers’ compensation insurance from insurance carriers or state insurance funds. This report does not include disability insurance.


AT A GLANCE

EXECUTIVE SUMMARY

PRICE ENVIRONMENT

Price Fundamentals

Price Drivers

Recent Price Trend

Price Forecast

PRODUCT CHARACTERISTICS

Product Life Cycle

Total Cost of Ownership

Product Specialization

Related Goods

Substitute Goods

Regulation

Quality Control

SUPPLY CHAIN & VENDORS

Supply Chain Dynamics

Competitive Environment

Market Profitability

Switching Cost

PURCHASING PROCESS

Buying Basics

Key RFP Elements

NEGOTIATION STATISTICS

BUYER POWER SCORE COMPONENTS

JARGON & GLOSSARY

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