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You are the premium auditor for workers compensation the insurer for the County of Oggaallaa in North Carolina. For information on classification codes identified by the NC county commissioners consult the file scopesmanualnorthcarolinacountycommissioners.pdf in Blackboard. The objective of this project is to assign the correct classification code to the correct payroll and calculate a manual premium (before credits and experience modification) for this workers compensation account. The provisional manual premium paid at the beginning of the year was $64,867. What will be the premium for this account at the end of the audit?
The county has a police force, road maintenance crews, a small municipal airport and maintains a fleet of busses for the county school district. There is a water and sewer department, fire department and the like. Here are the basic jobs and payrolls. Assign the proper 4 digit classification and multiply the premium per $100 for the rate. Total up the premium and indicate the audit additional or return premium.
Class
Code Rate per $100 Payroll6217 3.107705 2.657380 1.907382 2.107423 4.157520 5.107580 4.857710 16.207720 18.158017 1.208380 3.898742 1.128810 1.088803 1.088820 1.088861 1.088871 1.088814 1.088800 1.088901 1.088820 1.428831 2.108832 2.108833 1.858835 3.158868 1.109015 3.149102 6.159403 14.159410 1.10
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