Ambulance Service workers comp rate in Maryland
The filed workers comp rate for class code 7402 (Ambulance Service) in Maryland is $0.050 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $250 in base premium.
Rate per $100 $0.050
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 29%
Confidence HIGH
FAQ
What is the workers comp rate for code 7402 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 7402 (Ambulance Service) in Maryland is $0.050 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 7402 on $500,000 of payroll?
At $0.050 per $100, $500,000 of payroll yields a base premium of $250 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7402?
UT has the cheapest filed rate for code 7402 ($0.030) and NV the highest ($0.150). Maryland sits at the 29th percentile across 17 peer states.