Workers comp rates for code 2421: Wood Turning
NCCI class code 2421 covers Wood Turning in the manufacturing industry. The median rate across 1 states is $5.65 per $100 payroll. Rates range from $5.65 in Pennsylvania to $5.65 in Pennsylvania.
Also known as: Wood Lathe Operation · Wood Products Manufacturing
Cheapest 5 states for code 2421
- Pennsylvania $5.65
Most expensive 5 states
- Pennsylvania $5.65
Code 2421 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Pennsylvania | 2421 | $5.65 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 2421
What occupation is NCCI class code 2421?
Class code 2421 is "Wood Turning" (also known as Wood Lathe Operation, Wood Products Manufacturing), in the manufacturing industry. The code is filed in 1 states.
What is the average workers comp rate for code 2421?
The median rate across 1 states is $5.65 per $100 of payroll, ranging from $5.65 (Pennsylvania) to $5.65 (Pennsylvania).
Why does code 2421 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.