Hospital, all other employees workers comp rate in Tennessee
The filed workers comp rate for class code 9040 (Hospital, all other employees) in Tennessee is $1.34 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $6,700 in base premium.
Rate per $100 $1.34
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 30%
Confidence HIGH
Source quote
"CLASS CODE 9040 LOSS COST 1.34"
From National Council on Compensation, effective 2024-03-01.
FAQ
What is the workers comp rate for code 9040 in Tennessee?
The filed workers comp loss cost / rate for NCCI class code 9040 (Hospital, all other employees) in Tennessee is $1.34 per $100 of payroll, effective 2024-03-01.
How much would I pay in Tennessee for code 9040 on $500,000 of payroll?
At $1.34 per $100, $500,000 of payroll yields a base premium of $6,700 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). Tennessee sits at the 30th percentile across 20 peer states.