Texas has the good fortune of being the only state in the Union where workers' compensation is optional.
But apparently some people think it is a bad idea.
They unfortunately are naive.
Why workers' comp should be optional has less to do with ideology and more with the practical.
You'll notice some of the advocates for worker's comp try to paint things in practical concerns e.g. emergency rooms are burdened with the cost.
But the fact that businesses do not offer workers' comp is a result of rather practical concerns as well.
Advocates naively assume that all businesses are adequately capitalized, and have great margins. The truth is though there are probably a lot more woefully undercapitalized businesses then we would like to admit, and margins will vary.
Businesses already have to deal with a whole host of costs whether is a commercial property tax, business personal property tax, IRS payroll witholdings, general liability insurance, rent, utilities, payroll and on and on and on.
Your cash flow on any given day, week or month may dictate the difference of, "Do we pay rent or do we pay for workers' comp?"
I am sure as much as employees would like to have workers' comp, they like having a place to work.
You could argue, "Well an employer should probably go to a bank and get a line of credit or a loan."
Banks don't give you money unless you do not need money.
Or you could argue, "Well, may you should increase your price."
Oh okay. Outprice yourself out of business. Brilliant.
Are there some asshole employers out there? Of course there are, just as there are asshole employees.
But not everybody is a scoundrel. More often than not, many are strivers.
Just as an employee, if he or she is unsatisfied with her pay from one employer they can easily go work for another, same rules apply with workers' comp.
If an employee does not like the fact that an employer offers workers' comp, they can find work with an employer who offers it.
But hey, if we are going to make workers' comp mandatory, why do we not then make margins mandatory as well as capitalization?