Louisiana · National Council on Compensation

Lens Grinding workers comp rate in Louisiana

The filed workers comp rate for class code 4114 (Lens Grinding) in Louisiana is $1.60 per $100 of payroll , effective 2024-05-01. On $500,000 of payroll, that's roughly $8,000 in base premium.

Rate per $100 $1.60
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-05-01
vs peers 62%
Confidence HIGH

FAQ

What is the workers comp rate for code 4114 in Louisiana?

The filed workers comp loss cost / rate for NCCI class code 4114 (Lens Grinding) in Louisiana is $1.60 per $100 of payroll, effective 2024-05-01.

How much would I pay in Louisiana for code 4114 on $500,000 of payroll?

At $1.60 per $100, $500,000 of payroll yields a base premium of $8,000 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.

Where else can I see code 4114?

UT has the cheapest filed rate for code 4114 ($0.480) and NJ the highest ($4.48). Louisiana sits at the 62th percentile across 21 peer states.