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 4693
| Year | Rate (per $100) | Year-over-Year | Status |
|---|---|---|---|
| 2026 Active | $0.75 | — | NCCI FL Filing |
| 2025 | $0.78 | +4.0% (+$0.03) | NCCI FL Filing |
| 2024 | $0.81 | +3.8% (+$0.03) | NCCI FL −15.1% overall |
| 2023 | $0.96 | +18.5% (+$0.15) | NCCI FL Filing |
| 2022 | $1.08 | +12.5% (+$0.12) | 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
Surgical or Pharmaceutical Goods Maker
Surgical or Pharmaceutical Goods Makers in Florida typically involve businesses that manufacture medical equipment, supplies, or pharmaceuticals, and may employ a range of workers including machinists, quality control specialists, and skilled lab technicians. The risk profile for this class is generally considered moderate to high, due to potential exposure to hazardous materials and machinery. A pay-as-you-go PEO workers compensation solution is a natural fit for this class, allowing businesses to manage their workers comp costs more accurately and avoid unnecessary cash flow disruptions.
Quick Premium Estimate
Based on the 2026 filed rate of $0.75 per $100 of payroll:
| Annual Payroll | Est. Annual Premium | Est. Monthly |
|---|---|---|
| $50,000 | $375.00 | $31.25 |
| $100,000 | $750.00 | $62.50 |
| $200,000 | $1,500.00 | $125.00 |
| $500,000 | $3,750.00 | $312.50 |
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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