Aluminum Foundry workers comp rate in Maryland
The filed workers comp rate for class code 3220 (Aluminum Foundry) in Maryland is $0.670 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $3,350 in base premium.
Rate per $100 $0.670
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 19%
Confidence HIGH
Source quote
"CLASS CODE 3220 LOSS COST 0.67"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 3220 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 3220 (Aluminum Foundry) in Maryland is $0.670 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 3220 on $500,000 of payroll?
At $0.670 per $100, $500,000 of payroll yields a base premium of $3,350 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3220?
UT has the cheapest filed rate for code 3220 ($0.340) and NJ the highest ($3.40). Maryland sits at the 19th percentile across 21 peer states.