Louisiana · National Council on Compensation

Electric Utility Company workers comp rate in Louisiana

The filed workers comp rate for class code 7502 (Electric Utility Company) in Louisiana is $0.950 per $100 of payroll , effective 2024-05-01. On $500,000 of payroll, that's roughly $4,750 in base premium.

Rate per $100 $0.950
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-05-01
vs peers 57%
Confidence HIGH

FAQ

What is the workers comp rate for code 7502 in Louisiana?

The filed workers comp loss cost / rate for NCCI class code 7502 (Electric Utility Company) in Louisiana is $0.950 per $100 of payroll, effective 2024-05-01.

How much would I pay in Louisiana for code 7502 on $500,000 of payroll?

At $0.950 per $100, $500,000 of payroll yields a base premium of $4,750 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.

Where else can I see code 7502?

UT has the cheapest filed rate for code 7502 ($0.390) and NJ the highest ($4.15). Louisiana sits at the 57th percentile across 21 peer states.