Last Manufacturing workers comp rate in Michigan
The filed workers comp rate for class code 2841 (Last Manufacturing) in Michigan is $2.37 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $11,850 in base premium.
Rate per $100 $2.37
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 70%
Confidence HIGH
FAQ
What is the workers comp rate for code 2841 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 2841 (Last Manufacturing) in Michigan is $2.37 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 2841 on $500,000 of payroll?
At $2.37 per $100, $500,000 of payroll yields a base premium of $11,850 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 2841?
UT has the cheapest filed rate for code 2841 ($0.720) and HI the highest ($5.05). Michigan sits at the 70th percentile across 20 peer states.