Which organization assigns the Workers' Comp Code?

• A. NCCI
• B. OSHA
• C. FDA
• D. AMA

Answer: (A)

When workers’ compensation premiums are set, insurers use a system that classifies jobs by risk. This classification system assigns a code to each employer’s job mix so the premium can reflect the level of expected losses. The organization that creates and maintains these workers’ compensation class codes is the National Council on Compensation Insurance. They publish the standard codes used by insurers in many states to group occupations and determine premium levels. Other agencies like OSHA focus on workplace safety rules, FDA regulates food and drugs, and AMA is a medical association; none of them assign the workers’ compensation class codes.