Hospital, all other employees workers comp rate in Kentucky
The filed workers comp rate for class code 9040 (Hospital, all other employees) in Kentucky is $1.29 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $6,450 in base premium.
Rate per $100 $1.29
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 25%
Confidence HIGH
Source quote
"CLASS 9040 LOSS COST 1.29"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 9040 in Kentucky?
The filed workers comp loss cost / rate for NCCI class code 9040 (Hospital, all other employees) in Kentucky is $1.29 per $100 of payroll, effective 2024-01-01.
How much would I pay in Kentucky for code 9040 on $500,000 of payroll?
At $1.29 per $100, $500,000 of payroll yields a base premium of $6,450 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 9040?
MD has the cheapest filed rate for code 9040 ($0.870) and HI the highest ($4.41). Kentucky sits at the 25th percentile across 20 peer states.