Freight Handling - Mechanical workers comp rate in Louisiana
The filed workers comp rate for class code 7099 M (Freight Handling - Mechanical) in Louisiana is $2.53 per $100 of payroll , effective 2024-05-01. On $500,000 of payroll, that's roughly $12,650 in base premium.
Source quote
"CLASS CODE 7099M LOSS COST 2.53"
From National Council on Compensation, effective 2024-05-01.
FAQ
What is the workers comp rate for code 7099 M in Louisiana?
The filed workers comp loss cost / rate for NCCI class code 7099 M (Freight Handling - Mechanical) in Louisiana is $2.53 per $100 of payroll, effective 2024-05-01.
How much would I pay in Louisiana for code 7099 M on $500,000 of payroll?
At $2.53 per $100, $500,000 of payroll yields a base premium of $12,650 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7099 M?
VA has the cheapest filed rate for code 7099 M ($1.96) and IL the highest ($27.69). Louisiana sits at the 17th percentile across 18 peer states.