Alaska · National Council on Compensation

Metal Wire Drawing workers comp rate in Alaska

The filed workers comp rate for class code 3042 (Metal Wire Drawing) in Alaska is $2.05 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $10,250 in base premium.

Rate per $100 $2.05
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 55%
Confidence HIGH

FAQ

What is the workers comp rate for code 3042 in Alaska?

The filed workers comp loss cost / rate for NCCI class code 3042 (Metal Wire Drawing) in Alaska is $2.05 per $100 of payroll, effective 2024-01-01.

How much would I pay in Alaska for code 3042 on $500,000 of payroll?

At $2.05 per $100, $500,000 of payroll yields a base premium of $10,250 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.

Where else can I see code 3042?

UT has the cheapest filed rate for code 3042 ($0.570) and HI the highest ($4.57). Alaska sits at the 55th percentile across 20 peer states.