Oil or Gas Lease Operations - Well Cementing workers comp rate in Maryland
The filed workers comp rate for class code 2683 (Oil or Gas Lease Operations - Well Cementing) in Maryland is $0.800 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $4,000 in base premium.
Rate per $100 $0.800
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 28%
Confidence HIGH
FAQ
What is the workers comp rate for code 2683 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 2683 (Oil or Gas Lease Operations - Well Cementing) in Maryland is $0.800 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 2683 on $500,000 of payroll?
At $0.800 per $100, $500,000 of payroll yields a base premium of $4,000 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). Maryland sits at the 28th percentile across 18 peer states.