Phosphate Mining workers comp rate in Oklahoma
The filed workers comp rate for class code 1654 (Phosphate Mining) in Oklahoma is $1.74 per $100 of payroll , effective 2024-06-01. On $500,000 of payroll, that's roughly $8,700 in base premium.
Rate per $100 $1.74
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-06-01
vs peers 33%
Confidence HIGH
FAQ
What is the workers comp rate for code 1654 in Oklahoma?
The filed workers comp loss cost / rate for NCCI class code 1654 (Phosphate Mining) in Oklahoma is $1.74 per $100 of payroll, effective 2024-06-01.
How much would I pay in Oklahoma for code 1654 on $500,000 of payroll?
At $1.74 per $100, $500,000 of payroll yields a base premium of $8,700 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). Oklahoma sits at the 33th percentile across 18 peer states.