How are my rates calculated and where do I find them?

Policy premium in pay as you go is calculated for each employee as exposure (the portion of wages, overtime and tips subject to workers’ compensation deduction) multiplied by the net rate of the class code associated with the employee’s wages, etc.

Net rate is either supplied by the carrier or calculated by pay as you go– the configuration is set at the time of application setup for the carrier. In addition, some states (NY, NV, DE, PA, MT) have special rules when calculating employee premiums. You can login to the customer dashboard and see the rates on your policy - easily located under the Rates tab.