Drop or Machine Forging workers comp rate in Oklahoma
The filed workers comp rate for class code 3270 (Drop or Machine Forging) in Oklahoma is $1.25 per $100 of payroll , effective 2024-06-01. On $500,000 of payroll, that's roughly $6,250 in base premium.
Rate per $100 $1.25
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-06-01
vs peers 61%
Confidence HIGH
Source quote
"CLASS CODE 3270 LOSS COST 1.25"
From National Council on Compensation, effective 2024-06-01.
FAQ
What is the workers comp rate for code 3270 in Oklahoma?
The filed workers comp loss cost / rate for NCCI class code 3270 (Drop or Machine Forging) in Oklahoma is $1.25 per $100 of payroll, effective 2024-06-01.
How much would I pay in Oklahoma for code 3270 on $500,000 of payroll?
At $1.25 per $100, $500,000 of payroll yields a base premium of $6,250 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3270?
UT has the cheapest filed rate for code 3270 ($0.450) and HI the highest ($2.68). Oklahoma sits at the 61th percentile across 18 peer states.