Other Metal Foundries workers comp rate in Kentucky
The filed workers comp rate for class code 2916 (Other Metal Foundries) in Kentucky is $1.03 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $5,150 in base premium.
Rate per $100 $1.03
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 10%
Confidence HIGH
Source quote
"CLASS 2916 LOSS COST 1.03"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 2916 in Kentucky?
The filed workers comp loss cost / rate for NCCI class code 2916 (Other Metal Foundries) in Kentucky is $1.03 per $100 of payroll, effective 2024-01-01.
How much would I pay in Kentucky for code 2916 on $500,000 of payroll?
At $1.03 per $100, $500,000 of payroll yields a base premium of $5,150 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 2916?
UT has the cheapest filed rate for code 2916 ($0.510) and NJ the highest ($5.78). Kentucky sits at the 10th percentile across 20 peer states.