Question 1

How much does workers' comp cost for Concrete Products Manufacturing in Iowa?

Accepted Answer

The current rate for Concrete Products Manufacturing (Class Code 5070) in Iowa is $6.63 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $3315 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Iowa?

Accepted Answer

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

Question 3

How does Iowa's rate compare to other states?

Accepted Answer

Iowa's rate for Concrete Products Manufacturing is $6.63, which is $0.31 below the national average of $6.94 (-4%).

Question 4

What does class code 5070 cover?

Accepted Answer

Covers workers manufacturing concrete products including pipes, culverts, septic tanks, and decorative concrete items.

State	Rate per $100	Difference
Iowa (current)	$6.63	—
Indiana	$5.07	-1.56
Texas	$5.33	-1.30
Virginia	$5.40	-1.23
Utah	$5.53	-1.10
Arkansas	$5.72	-0.91

Workers' Comp Rate for Concrete Products Manufacturing in Iowa (Class Code 5070)

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