Hospital, professional employees workers comp rate in Maryland
The filed workers comp rate for class code 8833 (Hospital, professional employees) in Maryland is $0.310 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $1,550 in base premium.
Source quote
"CLASS CODE 8833 LOSS COST 0.31"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 8833 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 8833 (Hospital, professional employees) in Maryland is $0.310 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 8833 on $500,000 of payroll?
At $0.310 per $100, $500,000 of payroll yields a base premium of $1,550 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8833?
UT has the cheapest filed rate for code 8833 ($0.170) and NY the highest ($0.995). Maryland sits at the 15th percentile across 20 peer states.