Ambulance Service workers comp rate in Tennessee
The filed workers comp rate for class code 7402 (Ambulance Service) in Tennessee is $0.050 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $250 in base premium.
Rate per $100 $0.050
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 29%
Confidence HIGH
Source quote
"CLASS CODE 7402 LOSS COST 0.05"
From National Council on Compensation, effective 2024-03-01.
FAQ
What is the workers comp rate for code 7402 in Tennessee?
The filed workers comp loss cost / rate for NCCI class code 7402 (Ambulance Service) in Tennessee is $0.050 per $100 of payroll, effective 2024-03-01.
How much would I pay in Tennessee 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). Tennessee sits at the 29th percentile across 17 peer states.