Metal Scrap Dealer NOC workers comp rate in Kentucky
The filed workers comp rate for class code 8500 (Metal Scrap Dealer NOC) in Kentucky is $1.70 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $8,500 in base premium.
Rate per $100 $1.70
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 10%
Confidence HIGH
FAQ
What is the workers comp rate for code 8500 in Kentucky?
The filed workers comp loss cost / rate for NCCI class code 8500 (Metal Scrap Dealer NOC) in Kentucky is $1.70 per $100 of payroll, effective 2024-01-01.
How much would I pay in Kentucky for code 8500 on $500,000 of payroll?
At $1.70 per $100, $500,000 of payroll yields a base premium of $8,500 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8500?
UT has the cheapest filed rate for code 8500 ($0.980) and CA the highest ($6.32). Kentucky sits at the 10th percentile across 20 peer states.