Surface Coal Mining workers comp rate in Maryland
The filed workers comp rate for class code 1016 (Surface Coal Mining) in Maryland is $7.35 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $36,750 in base premium.
Rate per $100 $7.35
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 43%
Confidence HIGH
FAQ
What is the workers comp rate for code 1016 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 1016 (Surface Coal Mining) in Maryland is $7.35 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 1016 on $500,000 of payroll?
At $7.35 per $100, $500,000 of payroll yields a base premium of $36,750 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 1016?
AK has the cheapest filed rate for code 1016 ($1.11) and KY the highest ($43.34). Maryland sits at the 43th percentile across 14 peer states.