With Walmart, one of Texas' largest private employers, dropping out of the state's workers' compensation system in March, Texas' unique approach to workers' comp. is receiving renewed attention from both critics and supporters, according to stories in The New York Times and the Texas Tribune.
According to the Texas Tribune story,Texas is the only state in the country that allows employers of any size to decline to carry state-regulated workers' comp. coverage, allowing businesses to develop their own injury-benefit programs.
The story cites 2010 Texas Department of Insurance figures noting that 15 percent of businesses in the state with over 500 employees do not carry state workers' comp. coverage.
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