Hospital, professional employees workers comp rate in Tennessee
The filed workers comp rate for class code 8833 (Hospital, professional employees) in Tennessee is $0.400 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $2,000 in base premium.
Source quote
"CLASS CODE 8833 LOSS COST 0.40"
From National Council on Compensation, effective 2024-03-01.
FAQ
What is the workers comp rate for code 8833 in Tennessee?
The filed workers comp loss cost / rate for NCCI class code 8833 (Hospital, professional employees) in Tennessee is $0.400 per $100 of payroll, effective 2024-03-01.
How much would I pay in Tennessee for code 8833 on $500,000 of payroll?
At $0.400 per $100, $500,000 of payroll yields a base premium of $2,000 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). Tennessee sits at the 35th percentile across 20 peer states.