Library Operation workers comp rate in Maryland
The filed workers comp rate for class code 9402 (Library Operation) in Maryland is $2.21 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $11,050 in base premium.
Rate per $100 $2.21
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 32%
Confidence HIGH
FAQ
What is the workers comp rate for code 9402 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 9402 (Library Operation) in Maryland is $2.21 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 9402 on $500,000 of payroll?
At $2.21 per $100, $500,000 of payroll yields a base premium of $11,050 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 9402?
KS has the cheapest filed rate for code 9402 ($1.26) and NJ the highest ($5.15). Maryland sits at the 32th percentile across 22 peer states.