Pharmaceutical Manufacturing workers comp rate in Tennessee
The filed workers comp rate for class code 4583 (Pharmaceutical Manufacturing) in Tennessee is $1.91 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $9,550 in base premium.
Rate per $100 $1.91
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 33%
Confidence HIGH
FAQ
What is the workers comp rate for code 4583 in Tennessee?
The filed workers comp loss cost / rate for NCCI class code 4583 (Pharmaceutical Manufacturing) in Tennessee is $1.91 per $100 of payroll, effective 2024-03-01.
How much would I pay in Tennessee for code 4583 on $500,000 of payroll?
At $1.91 per $100, $500,000 of payroll yields a base premium of $9,550 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). Tennessee sits at the 33th percentile across 21 peer states.