Alaska Work Comp Class Codes

Looking for Alaska workers compensation class codes? We can help! The state of Alaska uses the NCCI classification system. NCCI is the “National Council on Compensation Insurance”, and they are the governing class code authority for most U.S. states. You can view our online list of Alaska workers compensation class codes by visiting our state reference guide for NCCI codes, or clicking the image to the right.

The article to the right contains a reference guide for how to find the class codes for your state. For  authoritative underwriting material, you will need to purchase an NCCI scopes manual. You can purchase an NCCI scopes manual by visiting their online catalog at https://www.ncci.com/.

For other helpful underwriting products and services, you can visit the NCCI Online Catalog, or the IRMI Online Catalog.

Alaska Workers Compensation Rates

Looking for Alaska workers compensation rates? Visit our page for workers compensation rates by state. Our list contains estimated base rates for the state of Alaska. Rates will vary from one insurance company to another. Rates will also vary based on other factors such as:

 

• Years in business
• Experience Modification Rate (MOD)
• Size of deductible
• Years of consecutive coverage / gaps in coverage
• Financial condition of the company
• Trajection of the company size (increase or decrease)
• Employee turnover rate
• Quality of safety programs (if any)
• Employee return-to-work programs
• And many other factors!

 

Additional Resources for Alaska Workers Compensation

The Alaska Division of Insurance is a branch of the state’s Department of Labor, as the “Division of Workforce Development”. Their offices are located at:The Alaska Division of Insurance

9th Floor State Office Bldg.
333 Willoughby Avenue
Juneau, Alaska 99801
Main Phone (907) 465-2515
Fax (907) 465-3422

Robert B. Atwood Building
550 W. 7th Avenue, Suite 1560
Anchorage, Alaska 99501-3597
Main Phone (907) 269-7900
Fax (907) 269-7910

More info about Alaska Workers Compensation

Alaska is a “Work comp mandatory” state, meaning that all employers with more than one employee are required to have workers compensation insurance.

Alaska Special Fund Units:

Second Injury Fund: In an effort to help employees with pre-existing injuries and conditions to get a job, Alaska utilizes a second injury fund. The second injury fund provides reimbursements to insures for claims of workers where it can be documented that the workers had a pre-existing condition that contributed to the claim.

Fisherman’s Fund: Alaska has also created a fisherman’s fund to help reduce costs for one of the largest industries in Alaska. The fisherman’s fund is a state program that provides workers compensation for licensed commercial fisherman in the state of Alaska. Coverage extends to any fisherman who become injured or ill due to fishing related activities, onshore or off shore.

Workers Compensation Benefit Guaranty Fund: In an effort to ensure that all workers receive proper care and treatment, Alaska created the Workers Compensation Benefit Guaranty Fund. This fund provides workers compensation benefits to employees that have been injured while working for an uninsured employer.

 

Alaska Workers Compensation Class Codes