Overview

The Workers' Compensation Insurance procurement report contains data and analysis of current and future trends when buying goods and services. IBISWorld’s in-depth procurement research is always presented in a logical and consistent format for easy reference throughout a company. The Workers' Compensation Insurance Procurement Research Report contains growth forecasts for a three-year outlook period and supplier profit benchmarks so your company can make the right purchasing decision.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Workers' Compensation Insurance - Recent Price Trend

The price of workers’ compensation insurance has fallen marginally at an estimated annualized rate of 0.2% in the three years to 2017. Although demand for insurance has been strong, prices have declined in accordance with the guidelines of the NCCI, which sets insurance rates for more than 40 states. In recent years, the NCCI has recommended that providers reduce rates due to a decline in...

shopping_cartVIEW PURCHASE OPTIONS

Workers' Compensation Insurance - Total Cost of Ownership

Buyers in the workers’ compensation insurance market typically face limited costs beyond the premium. Consequently, total cost of ownership in this market is low, which benefits buyers by allowing them to better forecast expenditures for insurance coverage.The only significant expenses beyond the premium that buyers face in this market are training costs. When buyers procure workers’ compensation...

shopping_cartVIEW PURCHASE OPTIONS

Get this report for free.
Call us now

1-800-330-3772

FREE for eligible customers

Download a sample report

About this Report

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.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

Join IBISWorld today

Contact Us

Want to speak to a representative? Call us.

clear