Question 1

How much does workers' comp cost for Iron/Steel Erection - Frame in Louisiana?

Accepted Answer

The current rate for Iron/Steel Erection - Frame (Class Code 5040) in Louisiana is $30.63 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $15315 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Louisiana?

Accepted Answer

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

Question 3

How does Louisiana's rate compare to other states?

Accepted Answer

Louisiana's rate for Iron/Steel Erection - Frame is $30.63, which is $4.48 above the national average of $26.15 (+17%).

Question 4

What does class code 5040 cover?

Accepted Answer

Covers workers erecting structural iron or steel frames for buildings and other structures.

State	Rate per $100	Difference
Louisiana (current)	$30.63	—
Indiana	$19.11	-11.52
Texas	$20.09	-10.54
Virginia	$20.33	-10.30
Utah	$20.83	-9.80
Arkansas	$21.56	-9.07

Workers' Comp Rate for Iron/Steel Erection - Frame in Louisiana (Class Code 5040)

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