Underground Coal Mining workers comp rate in Maryland
The filed workers comp rate for class code 1005 (Underground Coal Mining) in Maryland is $3.15 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $15,750 in base premium.
Rate per $100 $3.15
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 42%
Confidence HIGH
Source quote
"CLASS CODE 1005* LOSS COST 3.15"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 1005 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 1005 (Underground Coal Mining) in Maryland is $3.15 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 1005 on $500,000 of payroll?
At $3.15 per $100, $500,000 of payroll yields a base premium of $15,750 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 1005?
AK has the cheapest filed rate for code 1005 ($0.450) and KY the highest ($13.53). Maryland sits at the 42th percentile across 19 peer states.