NCCI · 2 states

Workers comp rates for code 0124: Cotton Seed Oil Milling

NCCI class code 0124 covers Cotton Seed Oil Milling in the manufacturing industry. The median rate across 2 states is $5.90 per $100 payroll. Rates range from $2.67 in Oregon to $5.90 in Alaska.

Also known as: Cottonseed Processing

Cheapest 5 states for code 0124

  1. Oregon $2.67
  2. Alaska $5.90

Most expensive 5 states

  1. Alaska $5.90
  2. Oregon $2.67

Code 0124 rates in all 2 states

State Code Rate per $100 vs peers Source
Oregon 0124 $2.67 - view
Alaska 0124 $5.90 - view

Bottom quartile (cheap) Mid Top quartile (expensive)

FAQs about NCCI 0124

What occupation is NCCI class code 0124?

Class code 0124 is "Cotton Seed Oil Milling" (also known as Cottonseed Processing), in the manufacturing industry. The code is filed in 2 states.

What is the average workers comp rate for code 0124?

The median rate across 2 states is $5.90 per $100 of payroll, ranging from $2.67 (Oregon) to $5.90 (Alaska).

Why does code 0124 cost more in some states than others?

Workers comp rates reflect each state's loss experience for that occupation, the rating bureau's methodology (NCCI vs. independent), schedule rating credits, and the state's medical-cost inflation. Some states are monopolistic (only the state fund writes coverage) while others are open competitive markets.