NCCI · 1 states

Workers comp rates for code 3116: Foundry NOC

NCCI class code 3116 covers Foundry NOC in the manufacturing industry. The median rate across 1 states is $2.42 per $100 payroll. Rates range from $2.42 in Michigan to $2.42 in Michigan.

Also known as: Metal Casting

Cheapest 5 states for code 3116

  1. Michigan $2.42

Most expensive 5 states

  1. Michigan $2.42

Code 3116 rates in all 1 states

State Code Rate per $100 vs peers Source
Michigan 3116 $2.42 - view

Bottom quartile (cheap) Mid Top quartile (expensive)

FAQs about NCCI 3116

What occupation is NCCI class code 3116?

Class code 3116 is "Foundry NOC" (also known as Metal Casting), in the manufacturing industry. The code is filed in 1 states.

What is the average workers comp rate for code 3116?

The median rate across 1 states is $2.42 per $100 of payroll, ranging from $2.42 (Michigan) to $2.42 (Michigan).

Why does code 3116 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.