Concrete/Cement Work - Bridges/Dams workers comp rate in Michigan
The filed workers comp rate for class code 5223 (Concrete/Cement Work - Bridges/Dams) in Michigan is $2.24 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $11,200 in base premium.
Rate per $100 $2.24
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 55%
Confidence HIGH
FAQ
What is the workers comp rate for code 5223 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 5223 (Concrete/Cement Work - Bridges/Dams) in Michigan is $2.24 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 5223 on $500,000 of payroll?
At $2.24 per $100, $500,000 of payroll yields a base premium of $11,200 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5223?
UT has the cheapest filed rate for code 5223 ($0.730) and NJ the highest ($10.24). Michigan sits at the 55th percentile across 20 peer states.