Workers comp rates for code 4113: Optical Goods Manufacturing
NCCI class code 4113 covers Optical Goods Manufacturing in the manufacturing industry. The median rate across 3 states is $1.65 per $100 payroll. Rates range from $0.940 in Kentucky to $3.46 in New Jersey.
Also known as: Eyeglass Lens Mfg · Optical Instrument Mfg
Cheapest 5 states for code 4113
- Kentucky $0.940
- Louisiana $1.65
- New Jersey $3.46
Most expensive 5 states
- New Jersey $3.46
- Louisiana $1.65
- Kentucky $0.940
Code 4113 rates in all 3 states
FAQs about NCCI 4113
What occupation is NCCI class code 4113?
Class code 4113 is "Optical Goods Manufacturing" (also known as Eyeglass Lens Mfg, Optical Instrument Mfg), in the manufacturing industry. The code is filed in 3 states.
What is the average workers comp rate for code 4113?
The median rate across 3 states is $1.65 per $100 of payroll, ranging from $0.940 (Kentucky) to $3.46 (New Jersey).
Why does code 4113 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.