Question 1

How much does workers' comp cost for Wool Processing in Arkansas?

Accepted Answer

The current rate for Wool Processing (Class Code 2286) in Arkansas is $2.77 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $1385 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Arkansas?

Accepted Answer

Yes, workers' compensation insurance is mandatory in Arkansas for employers with 3 or more employees.

Question 3

How does Arkansas's rate compare to other states?

Accepted Answer

Arkansas's rate for Wool Processing is $2.77, which is $0.59 below the national average of $3.36 (-18%).

Question 4

What does class code 2286 cover?

Accepted Answer

Covers workers engaged in wool scouring, carding, combing, and other processing operations.

State	Rate per $100	Difference
Arkansas (current)	$2.77	—
Indiana	$2.46	-0.31
Texas	$2.58	-0.19
Virginia	$2.61	-0.16
Utah	$2.68	-0.09
Colorado	$2.80	+0.03

Workers' Comp Rate for Wool Processing in Arkansas (Class Code 2286)

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