Concrete/Cement Work - Bridges/Dams workers comp rate in Rhode Island
The filed workers comp rate for class code 5223 (Concrete/Cement Work - Bridges/Dams) in Rhode Island is $2.42 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $12,100 in base premium.
Source quote
"CLASS CODE 5223 LOSS COST 2.42"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 5223 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 5223 (Concrete/Cement Work - Bridges/Dams) in Rhode Island is $2.42 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 5223 on $500,000 of payroll?
At $2.42 per $100, $500,000 of payroll yields a base premium of $12,100 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). Rhode Island sits at the 75th percentile across 20 peer states.