Freight Handling - Manual workers comp rate in Maryland
The filed workers comp rate for class code 7098 M (Freight Handling - Manual) in Maryland is $4.41 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $22,050 in base premium.
Rate per $100 $4.41
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 56%
Confidence HIGH
FAQ
What is the workers comp rate for code 7098 M in Maryland?
The filed workers comp loss cost / rate for NCCI class code 7098 M (Freight Handling - Manual) in Maryland is $4.41 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 7098 M on $500,000 of payroll?
At $4.41 per $100, $500,000 of payroll yields a base premium of $22,050 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7098 M?
OR has the cheapest filed rate for code 7098 M ($1.22) and IL the highest ($19.59). Maryland sits at the 56th percentile across 18 peer states.