NCCI · 13 states

Workers comp rates for code 3240: Lead Smelting & Refining

NCCI class code 3240 covers Lead Smelting & Refining in the manufacturing industry. The median rate across 13 states is $0.960 per $100 payroll. Rates range from $0.580 in Utah to $1.39 in Nevada.

Also known as: Lead Processing

Cheapest 5 states for code 3240

  1. Utah $0.580
  2. Arkansas $0.610
  3. Kentucky $0.770
  4. Tennessee $0.840
  5. Oregon $0.930

Most expensive 5 states

  1. Nevada $1.39
  2. Oklahoma $1.13
  3. Kansas $1.05
  4. Alaska $1.05
  5. Louisiana $1.03

Code 3240 rates in all 13 states

State Code Rate per $100 vs peers Source
Utah 3240 $0.580 8% view
Arkansas 3240 $0.610 15% view
Kentucky 3240 $0.770 23% view
Tennessee 3240 $0.840 31% view
Oregon 3240 $0.930 38% view
Virginia 3240 $0.948 46% view
Alabama 3240 $0.960 62% view
Maryland 3240 $0.960 62% view
Louisiana 3240 $1.03 69% view
Alaska 3240 $1.05 85% view
Kansas 3240 $1.05 85% view
Oklahoma 3240 $1.13 92% view
Nevada 3240 $1.39 100% view

Bottom quartile (cheap) Mid Top quartile (expensive)

FAQs about NCCI 3240

What occupation is NCCI class code 3240?

Class code 3240 is "Lead Smelting & Refining" (also known as Lead Processing), in the manufacturing industry. The code is filed in 13 states.

What is the average workers comp rate for code 3240?

The median rate across 13 states is $0.960 per $100 of payroll, ranging from $0.580 (Utah) to $1.39 (Nevada).

Why does code 3240 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.