The Texas Tribune reports on Walmart's heavy
blow to the Texas workers' compensation system when the retail giant decided to
opt out in March 2012. Texas is currently the only state where employers can
opt out of the workers' compensation system. Benefits for injured workers under
private plans are typically inferior to those under the state's workers'
compensation program. Are the risks for employers worth it in terms of
achieving lower claims costs? Does the opt out program place other employers
who are still in the workers' comp system at a competitive disadvantage? Read it.
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