NCCI · 19 states

Workers comp rates for code 4703: Match Manufacturing

NCCI class code 4703 covers Match Manufacturing in the manufacturing industry. The median rate across 19 states is $0.750 per $100 payroll. Rates range from $0.270 in Utah to $2.26 in New Jersey.

Also known as: Match Production

Cheapest 5 states for code 4703

  1. Utah $0.270
  2. Tennessee $0.480
  3. Kansas $0.530
  4. Virginia $0.531
  5. Kentucky $0.540

Most expensive 5 states

  1. New Jersey $2.26
  2. Hawaii $1.87
  3. Illinois $1.60
  4. Nevada $1.13
  5. Minnesota $1.07

Code 4703 rates in all 19 states

State Code Rate per $100 vs peers Source
Utah 4703 $0.270 5% view
Tennessee 4703 $0.480 11% view
Kansas 4703 $0.530 16% view
Virginia 4703 $0.531 21% view
Kentucky 4703 $0.540 26% view
Maryland 4703 $0.590 37% view
Oregon 4703 $0.590 37% view
Louisiana 4703 $0.640 42% view
Alabama 4703 $0.700 47% view
Oklahoma 4703 $0.750 53% view
Arkansas 4703 $0.800 58% view
Alaska 4703 $0.840 63% view
Indiana 4703 $0.850 68% view
Rhode Island 4703 $1.05 74% view
Minnesota 4703 $1.07 79% view
Nevada 4703 $1.13 84% view
Illinois 4703 $1.60 89% view
Hawaii 4703 $1.87 95% view
New Jersey 4703 $2.26 100% view

Bottom quartile (cheap) Mid Top quartile (expensive)

FAQs about NCCI 4703

What occupation is NCCI class code 4703?

Class code 4703 is "Match Manufacturing" (also known as Match Production), in the manufacturing industry. The code is filed in 19 states.

What is the average workers comp rate for code 4703?

The median rate across 19 states is $0.750 per $100 of payroll, ranging from $0.270 (Utah) to $2.26 (New Jersey).

Why does code 4703 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.