Question 1

How much does workers' comp cost for Candy Manufacturing in Colorado?

Accepted Answer

The current rate for Candy Manufacturing (Class Code 2095) in Colorado is $2.67 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $1335 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Colorado?

Accepted Answer

Yes, workers' compensation insurance is mandatory in Colorado for all employers with at least one employee.

Question 3

How does Colorado's rate compare to other states?

Accepted Answer

Colorado's rate for Candy Manufacturing is $2.67, which is $0.53 below the national average of $3.20 (-17%).

Question 4

What does class code 2095 cover?

Accepted Answer

Covers workers manufacturing candy, confections, and chocolate products including mixing, molding, and packaging.

State	Rate per $100	Difference
Colorado (current)	$2.67	—
Indiana	$2.34	-0.33
Texas	$2.46	-0.21
Virginia	$2.49	-0.18
Utah	$2.55	-0.12
Arkansas	$2.64	-0.03

Workers' Comp Rate for Candy Manufacturing in Colorado (Class Code 2095)

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