Michigan · Compensation Advisory Organization

Oil or Gas Lease Operations - Well Cementing workers comp rate in Michigan

The filed workers comp rate for class code 2683 (Oil or Gas Lease Operations - Well Cementing) in Michigan is $1.50 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $7,500 in base premium.

Rate per $100 $1.50
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 78%
Confidence HIGH

FAQ

What is the workers comp rate for code 2683 in Michigan?

The filed workers comp loss cost / rate for NCCI class code 2683 (Oil or Gas Lease Operations - Well Cementing) in Michigan is $1.50 per $100 of payroll, effective 2024-01-01.

How much would I pay in Michigan for code 2683 on $500,000 of payroll?

At $1.50 per $100, $500,000 of payroll yields a base premium of $7,500 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). Michigan sits at the 78th percentile across 18 peer states.