Workers comp rates for code 5308: Iron & Steel Rolling Mill
NCCI class code 5308 covers Iron & Steel Rolling Mill in the manufacturing industry. The median rate across 1 states is $0.439 per $100 payroll. Rates range from $0.439 in Washington to $0.439 in Washington.
Also known as: Steel production - rolling · Metal sheet manufacturing
Cheapest 5 states for code 5308
- Washington $0.439
Most expensive 5 states
- Washington $0.439
Code 5308 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Washington monopolistic | 5308 | $0.439 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 5308
What occupation is NCCI class code 5308?
Class code 5308 is "Iron & Steel Rolling Mill" (also known as Steel production - rolling, Metal sheet manufacturing), in the manufacturing industry. The code is filed in 1 states.
What is the average workers comp rate for code 5308?
The median rate across 1 states is $0.439 per $100 of payroll, ranging from $0.439 (Washington) to $0.439 (Washington).
Why does code 5308 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.