Hospital, all other employees workers comp rate in Minnesota
The filed workers comp rate for class code 9040 (Hospital, all other employees) in Minnesota is $1.82 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $9,100 in base premium.
Rate per $100 $1.82
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 55%
Confidence HIGH
FAQ
What is the workers comp rate for code 9040 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 9040 (Hospital, all other employees) in Minnesota is $1.82 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 9040 on $500,000 of payroll?
At $1.82 per $100, $500,000 of payroll yields a base premium of $9,100 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). Minnesota sits at the 55th percentile across 20 peer states.