Maryland's Lower Eastern Shore--A Great Place to Do Business!
Business Environment
Worker's Compensation Net Insurance Costs
State Ranking
Actuarial & Technical Solutions, Inc. produces an annual study of workers compensation costs for manufacturers. It examines comparative costs of workers compensation insurance among states as of
January 1, 1995. It focuses on the cost to employers to provide the insurance.
The net cost in each of the 44 states for which data were available are compared to the national average of $5.39. This ranking is an index of relative insurance costs. The state ranked "1" has the lowest relative insurance cost. Maryland has a ranking of 4 in the nation.
Source: Worker's Compensation State Rankings, Manufacturing Industry Rates and Statutory Benefit Provisions, Actuarial & Technical Solutions, Inc., 1995 Edition.
Maryland's Lower Eastern Shore Business Environment