Phosphate Mining workers comp rate in Louisiana
The filed workers comp rate for class code 1654 (Phosphate Mining) in Louisiana is $3.00 per $100 of payroll , effective 2024-05-01. On $500,000 of payroll, that's roughly $15,000 in base premium.
Rate per $100 $3.00
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-05-01
vs peers 83%
Confidence HIGH
FAQ
What is the workers comp rate for code 1654 in Louisiana?
The filed workers comp loss cost / rate for NCCI class code 1654 (Phosphate Mining) in Louisiana is $3.00 per $100 of payroll, effective 2024-05-01.
How much would I pay in Louisiana for code 1654 on $500,000 of payroll?
At $3.00 per $100, $500,000 of payroll yields a base premium of $15,000 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 1654?
UT has the cheapest filed rate for code 1654 ($0.740) and HI the highest ($5.14). Louisiana sits at the 83th percentile across 18 peer states.