Question 1

How much does workers' comp cost for Home for Aged - All in New Jersey?

Accepted Answer

The current rate for Home for Aged - All (Class Code 8851) in New Jersey is $6.83 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $3415 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in New Jersey?

Accepted Answer

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

Question 3

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

Accepted Answer

New Jersey's rate for Home for Aged - All is $6.83, which is $1.22 above the national average of $5.61 (+22%).

Question 4

What does class code 8851 cover?

Accepted Answer

Covers all employees of residential care facilities for elderly residents including caregivers and support staff.

State	Rate per $100	Difference
New Jersey (current)	$6.83	—
Indiana	$4.10	-2.73
Texas	$4.31	-2.52
Virginia	$4.36	-2.47
Utah	$4.46	-2.37
Arkansas	$4.62	-2.21

Workers' Comp Rate for Home for Aged - All in New Jersey (Class Code 8851)

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