Oil or Gas Lease Operations - Well Cementing workers comp rate in Kentucky
The filed workers comp rate for class code 2683 (Oil or Gas Lease Operations - Well Cementing) in Kentucky is $0.690 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $3,450 in base premium.
Source quote
"2683 0.69 0.43"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 2683 in Kentucky?
The filed workers comp loss cost / rate for NCCI class code 2683 (Oil or Gas Lease Operations - Well Cementing) in Kentucky is $0.690 per $100 of payroll, effective 2024-01-01.
How much would I pay in Kentucky for code 2683 on $500,000 of payroll?
At $0.690 per $100, $500,000 of payroll yields a base premium of $3,450 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 2683?
UT has the cheapest filed rate for code 2683 ($0.450) and CA the highest ($5.08). Kentucky sits at the 22th percentile across 18 peer states.