Question 1

How much does workers' comp cost for Drug Store in Nevada?

Accepted Answer

The current rate for Drug Store (Class Code 8047) in Nevada is $0.99 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $495 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Nevada?

Accepted Answer

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

Question 3

How does Nevada's rate compare to other states?

Accepted Answer

Nevada's rate for Drug Store is $0.99, which is $0.02 below the national average of $1.01 (-2%).

Question 4

What does class code 8047 cover?

Accepted Answer

Covers employees of pharmacies and drug stores dispensing medications and selling health-related merchandise.

State	Rate per $100	Difference
Nevada (current)	$0.99	—
Indiana	$0.74	-0.25
Texas	$0.78	-0.21
Virginia	$0.79	-0.20
Utah	$0.81	-0.18
Arkansas	$0.84	-0.15

Workers' Comp Rate for Drug Store in Nevada (Class Code 8047)

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