Pharmaceutical Manufacturing workers comp rate in Indiana
The filed workers comp rate for class code 3507 (Pharmaceutical Manufacturing) in Indiana is $1.29 per $100 of payroll , effective 2023-01-01. On $500,000 of payroll, that's roughly $6,450 in base premium.
Rate per $100 $1.29
Rate type manual_rate
Authority Indiana Compensation Rating
Effective 2023-01-01
vs peers 41%
Confidence HIGH
FAQ
What is the workers comp rate for code 3507 in Indiana?
The filed workers comp loss cost / rate for NCCI class code 3507 (Pharmaceutical Manufacturing) in Indiana is $1.29 per $100 of payroll, effective 2023-01-01.
How much would I pay in Indiana for code 3507 on $500,000 of payroll?
At $1.29 per $100, $500,000 of payroll yields a base premium of $6,450 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3507?
UT has the cheapest filed rate for code 3507 ($0.540) and CA the highest ($3.62). Indiana sits at the 41th percentile across 22 peer states.