Surface Coal Mining workers comp rate in Oklahoma
The filed workers comp rate for class code 1016 (Surface Coal Mining) in Oklahoma is $10.03 per $100 of payroll , effective 2024-06-01. On $500,000 of payroll, that's roughly $50,150 in base premium.
Rate per $100 $10.03
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-06-01
vs peers 71%
Confidence HIGH
FAQ
What is the workers comp rate for code 1016 in Oklahoma?
The filed workers comp loss cost / rate for NCCI class code 1016 (Surface Coal Mining) in Oklahoma is $10.03 per $100 of payroll, effective 2024-06-01.
How much would I pay in Oklahoma for code 1016 on $500,000 of payroll?
At $10.03 per $100, $500,000 of payroll yields a base premium of $50,150 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). Oklahoma sits at the 71th percentile across 14 peer states.