Other Metal Foundries workers comp rate in Louisiana
The filed workers comp rate for class code 2916 (Other Metal Foundries) in Louisiana is $2.12 per $100 of payroll , effective 2024-05-01. On $500,000 of payroll, that's roughly $10,600 in base premium.
Rate per $100 $2.12
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-05-01
vs peers 80%
Confidence HIGH
Source quote
"CLASS CODE 2916 LOSS COST 2.12"
From National Council on Compensation, effective 2024-05-01.
FAQ
What is the workers comp rate for code 2916 in Louisiana?
The filed workers comp loss cost / rate for NCCI class code 2916 (Other Metal Foundries) in Louisiana is $2.12 per $100 of payroll, effective 2024-05-01.
How much would I pay in Louisiana for code 2916 on $500,000 of payroll?
At $2.12 per $100, $500,000 of payroll yields a base premium of $10,600 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). Louisiana sits at the 80th percentile across 20 peer states.