Question 1

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

Accepted Answer

The current rate for Wool Processing (Class Code 2286) in New York is $4.57 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $2285 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in New York?

Accepted Answer

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

Question 3

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

Accepted Answer

New York's rate for Wool Processing is $4.57, which is $1.21 above the national average of $3.36 (+36%).

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
New York (current)	$4.57	—
Indiana	$2.46	-2.11
Texas	$2.58	-1.99
Virginia	$2.61	-1.96
Utah	$2.68	-1.89
Arkansas	$2.77	-1.80

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

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