Hospital, professional employees workers comp rate in Minnesota
The filed workers comp rate for class code 8833 (Hospital, professional employees) in Minnesota is $0.620 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $3,100 in base premium.
Rate per $100 $0.620
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 55%
Confidence HIGH
FAQ
What is the workers comp rate for code 8833 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 8833 (Hospital, professional employees) in Minnesota is $0.620 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 8833 on $500,000 of payroll?
At $0.620 per $100, $500,000 of payroll yields a base premium of $3,100 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). Minnesota sits at the 55th percentile across 20 peer states.