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 buyers of 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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