Pharmaceutical Manufacturing workers comp rate in Rhode Island
The filed workers comp rate for class code 4583 (Pharmaceutical Manufacturing) in Rhode Island is $2.78 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $13,900 in base premium.
Source quote
"CLASS CODE 4583 LOSS COST 2.78"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 4583 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 4583 (Pharmaceutical Manufacturing) in Rhode Island is $2.78 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 4583 on $500,000 of payroll?
At $2.78 per $100, $500,000 of payroll yields a base premium of $13,900 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 4583?
UT has the cheapest filed rate for code 4583 ($0.660) and HI the highest ($4.94). Rhode Island sits at the 81th percentile across 21 peer states.