Workers comp rates for code 2995: Foundries - Steel
NCCI class code 2995 covers Foundries - Steel in the manufacturing industry. The median rate across 1 states is $5.17 per $100 payroll. Rates range from $5.17 in Pennsylvania to $5.17 in Pennsylvania.
Also known as: Steel Foundry · Steel Casting
Cheapest 5 states for code 2995
- Pennsylvania $5.17
Most expensive 5 states
- Pennsylvania $5.17
Code 2995 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Pennsylvania | 2995 | $5.17 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 2995
What occupation is NCCI class code 2995?
Class code 2995 is "Foundries - Steel" (also known as Steel Foundry, Steel Casting), in the manufacturing industry. The code is filed in 1 states.
What is the average workers comp rate for code 2995?
The median rate across 1 states is $5.17 per $100 of payroll, ranging from $5.17 (Pennsylvania) to $5.17 (Pennsylvania).
Why does code 2995 cost more in some states than others?
Workers comp rates reflect each state's loss experience for that occupation, the rating bureau's methodology (NCCI vs. independent), schedule rating credits, and the state's medical-cost inflation. Some states are monopolistic (only the state fund writes coverage) while others are open competitive markets.