Is Nonsubscription For You?

In order to evaluate whether Texas Nonsubscription is the best choice for your company, we recommend a "Feasibility Study." These studies range in level of complexity. Careful project planning and analysis focused on your company leads to an informed basis for management decisions. We have a long track record of recommending either workers' compensation (to subscribers and some nonsubscribers) or Nonsubscription, as the particular client's situation dictates. In additional to numerous smaller employers, we have worked on feasibility studies for dozens of Fortune 1000 companies.
Feasibility analysis can analyze a variety of factors to determine whether Nonsubscription is the best choice for your company. Depending on your requirements, our analysis may include:
- Cost Analysis - claims and insurance cost estimates with different self-insured retention levels
- Legal Exposure - liability exposure, including legislation, caselaw and defense strategies
- Claim Administration - claims process used by nonsubscribers (in-house or outsourced) compared to * workers' compensation
- Medical Claims Analysis - review of high-dollar Texas workers' compensation claims to assess how medical management and benefit determination varies in Nonsubscription
- Excess Insurance - types and amounts of available benefits and liability insurance coverage
- Regulatory and Contractual Requirements - State and federal regulatory requirements; review of * contractual commitments
- Political Environment - current political developments with federal and Texas legislature, including * analysis of bills pending in current legislative sessions that affect employers.
- Benchmarking - analysis of loss, claims administration and insurance data from your industry
- Plan Design and Implementation - review process and develop project plan with timeline and costs