Medical/Dental/Vet Professionals workers comp rate in Michigan
The filed workers comp rate for class code 8835 (Medical/Dental/Vet Professionals) in Michigan is $1.26 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $6,300 in base premium.
Source quote
"Class Code 8835 1.26"
From Compensation Advisory Organization, effective 2024-01-01.
FAQ
What is the workers comp rate for code 8835 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 8835 (Medical/Dental/Vet Professionals) in Michigan is $1.26 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 8835 on $500,000 of payroll?
At $1.26 per $100, $500,000 of payroll yields a base premium of $6,300 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8835?
UT has the cheapest filed rate for code 8835 ($0.470) and NJ the highest ($4.03). Michigan sits at the 75th percentile across 20 peer states.