NCCI · 1 states

Workers comp rates for code 4023: Ready-Mix Concrete Manufacturing

NCCI class code 4023 covers Ready-Mix Concrete Manufacturing in the manufacturing industry. The median rate across 1 states is $6.85 per $100 payroll. Rates range from $6.85 in New Jersey to $6.85 in New Jersey.

Also known as: Concrete Mixing Plant · Ready-Mix Concrete Production

Cheapest 5 states for code 4023

  1. New Jersey $6.85

Most expensive 5 states

  1. New Jersey $6.85

Code 4023 rates in all 1 states

State Code Rate per $100 vs peers Source
New Jersey 4023 $6.85 - view

Bottom quartile (cheap) Mid Top quartile (expensive)

FAQs about NCCI 4023

What occupation is NCCI class code 4023?

Class code 4023 is "Ready-Mix Concrete Manufacturing" (also known as Concrete Mixing Plant, Ready-Mix Concrete Production), in the manufacturing industry. The code is filed in 1 states.

What is the average workers comp rate for code 4023?

The median rate across 1 states is $6.85 per $100 of payroll, ranging from $6.85 (New Jersey) to $6.85 (New Jersey).

Why does code 4023 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.