Question 1

How much does workers' comp cost for Meat Market - Retail in Iowa?

Accepted Answer

The current rate for Meat Market - Retail (Class Code 8031) in Iowa is $2.81 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $1405 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 Meat Market - Retail is $2.81, which is $0.13 below the national average of $2.94 (-4%).

Question 4

What does class code 8031 cover?

Accepted Answer

Covers employees of retail meat markets and butcher shops cutting, preparing, and selling meat products.

State	Rate per $100	Difference
Iowa (current)	$2.81	—
Indiana	$2.15	-0.66
Texas	$2.26	-0.55
Virginia	$2.28	-0.53
Utah	$2.34	-0.47
Arkansas	$2.42	-0.39

Workers' Comp Rate for Meat Market - Retail in Iowa (Class Code 8031)

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