Metal Wire Drawing workers comp rate in Louisiana
The filed workers comp rate for class code 3042 (Metal Wire Drawing) in Louisiana is $1.89 per $100 of payroll , effective 2024-05-01. On $500,000 of payroll, that's roughly $9,450 in base premium.
Rate per $100 $1.89
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-05-01
vs peers 50%
Confidence HIGH
FAQ
What is the workers comp rate for code 3042 in Louisiana?
The filed workers comp loss cost / rate for NCCI class code 3042 (Metal Wire Drawing) in Louisiana is $1.89 per $100 of payroll, effective 2024-05-01.
How much would I pay in Louisiana for code 3042 on $500,000 of payroll?
At $1.89 per $100, $500,000 of payroll yields a base premium of $9,450 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). Louisiana sits at the 50th percentile across 20 peer states.