Other Metal Smelting & Refining workers comp rate in Rhode Island
The filed workers comp rate for class code 3241 (Other Metal Smelting & Refining) in Rhode Island is $1.88 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $9,400 in base premium.
Source quote
"CLASS CODE 3241 LOSS COST 1.88"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 3241 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 3241 (Other Metal Smelting & Refining) in Rhode Island is $1.88 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 3241 on $500,000 of payroll?
At $1.88 per $100, $500,000 of payroll yields a base premium of $9,400 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3241?
UT has the cheapest filed rate for code 3241 ($0.620) and NJ the highest ($5.22). Rhode Island sits at the 77th percentile across 22 peer states.