Question 1

How much does workers' comp cost for Psychiatric Hospital in Oklahoma?

Accepted Answer

The current rate for Psychiatric Hospital (Class Code 8843) in Oklahoma is $5.31 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $2655 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 Psychiatric Hospital is $5.31, which is $0.51 above the national average of $4.80 (+11%).

Question 4

What does class code 8843 cover?

Accepted Answer

Covers employees of psychiatric hospitals providing mental health treatment and inpatient care services.

State	Rate per $100	Difference
Oklahoma (current)	$5.31	—
Indiana	$3.51	-1.80
Texas	$3.69	-1.62
Virginia	$3.74	-1.57
Utah	$3.83	-1.48
Arkansas	$3.96	-1.35

Workers' Comp Rate for Psychiatric Hospital in Oklahoma (Class Code 8843)

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