Question 1

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

Accepted Answer

The current rate for Drug Store (Class Code 8047) in New Hampshire is $1.03 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $515 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in New Hampshire?

Accepted Answer

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

Question 3

How does New Hampshire's rate compare to other states?

Accepted Answer

New Hampshire's rate for Drug Store is $1.03, which is $0.02 above 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
New Hampshire (current)	$1.03	—
Indiana	$0.74	-0.29
Texas	$0.78	-0.25
Virginia	$0.79	-0.24
Utah	$0.81	-0.22
Arkansas	$0.84	-0.19

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

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