Workers comp rates for code 1470: Ore Reduction
NCCI class code 1470 covers Ore Reduction in the manufacturing industry. The median rate across 1 states is $4.43 per $100 payroll. Rates range from $4.43 in New York to $4.43 in New York.
Also known as: Smelting · Metal Refining
Cheapest 5 states for code 1470
- New York $4.43
Most expensive 5 states
- New York $4.43
Code 1470 rates in all 1 states
FAQs about NCCI 1470
What occupation is NCCI class code 1470?
Class code 1470 is "Ore Reduction" (also known as Smelting, Metal Refining), in the manufacturing industry. The code is filed in 1 states.
What is the average workers comp rate for code 1470?
The median rate across 1 states is $4.43 per $100 of payroll, ranging from $4.43 (New York) to $4.43 (New York).
Why does code 1470 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.