Iron or Steel Works workers comp rate in Kentucky
The filed workers comp rate for class code 3647 (Iron or Steel Works) in Kentucky is $0.980 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $4,900 in base premium.
Rate per $100 $0.980
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 20%
Confidence HIGH
Source quote
"CLASS 3647 LOSS COST 0.98"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 3647 in Kentucky?
The filed workers comp loss cost / rate for NCCI class code 3647 (Iron or Steel Works) in Kentucky is $0.980 per $100 of payroll, effective 2024-01-01.
How much would I pay in Kentucky for code 3647 on $500,000 of payroll?
At $0.980 per $100, $500,000 of payroll yields a base premium of $4,900 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3647?
UT has the cheapest filed rate for code 3647 ($0.530) and CA the highest ($5.36). Kentucky sits at the 20th percentile across 20 peer states.