Question 1

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

Accepted Answer

The current rate for Drug Store (Class Code 8047) in Oklahoma is $1.12 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $560 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Oklahoma?

Accepted Answer

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

Question 3

How does Oklahoma's rate compare to other states?

Accepted Answer

Oklahoma's rate for Drug Store is $1.12, which is $0.11 above the national average of $1.01 (+11%).

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
Oklahoma (current)	$1.12	—
Indiana	$0.74	-0.38
Texas	$0.78	-0.34
Virginia	$0.79	-0.33
Utah	$0.81	-0.31
Arkansas	$0.84	-0.28

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

Get a Custom Quote for Drug Store in Oklahoma

Compare: Drug Store Rates in Other States

Get an Exact Quote for Your Business in Oklahoma

Related Class Codes in Oklahoma

Frequently Asked Questions

Ready to Get Covered?