Florida 2026 Filed Rate
Florida workers' comp rates are filed with NCCI and approved by the Florida Office of Insurance Regulation. Rates shown are per $100 of gross payroll.
Rate History — Code 4273
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $2.25 | — | NCCI FL Filing |
| 2025 | $2.15 | -4.4% ($0.10) | NCCI FL Filing |
| 2024 | $2.32 | +7.9% (+$0.17) | NCCI FL −15.1% overall |
| 2023 | $2.66 | +14.7% (+$0.34) | NCCI FL Filing |
| 2022 | $2.67 | +0.4% (+$0.01) | Historical |
Florida workers' comp rates have generally declined. In 2024, NCCI secured an overall -15.1% rate reduction (approved by FLOIR), one of the largest reductions in Florida history.
Code Description
Paper or Plastic Bag Makers
Paper or plastic bag makers in Florida are typically low-to-moderate risk, with a moderate number of claims and relatively low average loss costs. This class code encompasses workers involved in manufacturing paper or plastic bags, including folding, cutting, and packaging. Given the relatively stable nature of bag making operations, a pay-as-you-go PEO workers' compensation solution like GarrettRichard can provide a cost-effective and flexible approach to managing workers' comp costs and ensuring compliance with Florida regulations.
Quick Premium Estimate
Based on the 2026 filed rate of $2.25 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $1,125.00 | $93.75 |
| $100,000 | $2,250.00 | $187.50 |
| $200,000 | $4,500.00 | $375.00 |
| $500,000 | $11,250.00 | $937.50 |
These are estimates based on the filed rate only and do not include SUTA, admin fees, or other charges. Get a full itemized quote →
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