Workers Comp for Healthcare Companies
Healthcare businesses pay an average of $3,000–$15,000 per year in workers comp premiums. The most common classification mistake is coding all staff under the hospital or home health governing class when physicians, admin, and billing staff qualify for much lower rates. Here's how to make sure you're paying the right amount.
Real savings example
A medical practice with 12 employees where 5 are admin/billing staff could save $2,000–$5,000/year with proper classification.
Common NCCI Codes for Healthcare
| Code | Description | Rate/$100 |
|---|---|---|
| 8832 | Physician & Clerical | $0.34 |
| 8833 | Hospital Professional | $1.88 |
| 8835 | Home Health Care | $3.42 |
| 9040 | Hospital — All Employees | $3.14 |
| 8810 | Clerical Office | $0.16 |
Rates are approximate national averages per $100 of payroll. Actual rates vary by state and insurer.
Tips to Lower Your Healthcare Workers Comp Premium
Physicians in a private practice setting (8832) have very different rates than hospital employees (9040)
Billing, reception, and admin staff should be coded as clerical (8810)
Home health aides (8835) carry significantly higher rates — make sure office coordinators aren't lumped in
Telemedicine-only staff may qualify for office/clerical rates
Check if your healthcare business is misclassified
Our free 2-minute tool compares your setup against NCCI benchmarks.
Check My Premium \u2192This guide is for informational purposes only and is not insurance advice.