Question 1

How much does workers' comp cost for Wool Processing in Montana?

Accepted Answer

The current rate for Wool Processing (Class Code 2286) in Montana is $3.62 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $1810 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Montana?

Accepted Answer

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

Question 3

How does Montana's rate compare to other states?

Accepted Answer

Montana's rate for Wool Processing is $3.62, which is $0.26 above the national average of $3.36 (+8%).

Question 4

What does class code 2286 cover?

Accepted Answer

Covers workers engaged in wool scouring, carding, combing, and other processing operations.

State	Rate per $100	Difference
Montana (current)	$3.62	—
Indiana	$2.46	-1.16
Texas	$2.58	-1.04
Virginia	$2.61	-1.01
Utah	$2.68	-0.94
Arkansas	$2.77	-0.85

Workers' Comp Rate for Wool Processing in Montana (Class Code 2286)

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