Question 1

How much does workers' comp cost for Psychiatric Hospital in Louisiana?

Accepted Answer

The current rate for Psychiatric Hospital (Class Code 8843) in Louisiana is $5.63 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $2815 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 Psychiatric Hospital is $5.63, which is $0.83 above the national average of $4.80 (+17%).

Question 4

What does class code 8843 cover?

Accepted Answer

Covers employees of psychiatric hospitals providing mental health treatment and inpatient care services.

State	Rate per $100	Difference
Louisiana (current)	$5.63	—
Indiana	$3.51	-2.12
Texas	$3.69	-1.94
Virginia	$3.74	-1.89
Utah	$3.83	-1.80
Arkansas	$3.96	-1.67

Workers' Comp Rate for Psychiatric Hospital in Louisiana (Class Code 8843)

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