Workers’ comp insurance cost for physician offices in New Jersey

Q: What does workers' comp cost physician offices in New Jersey?

Modeled from the 2024 filed manual rate of $0.52 per $100 of payroll: a <5-employee physician practice lands around $630–$2.5k per year before experience mods and schedule credits.

Q: What drives the rate up or down?

Three levers: payroll (the exposure base), claims history (the experience modifier), and schedule credits/debits the insurer applies. Physician-office work is NCCI class 8832 (Physician & Clerical) — the '& Clerical' is part of the class design, so receptionists and billing staff are rated in the same class as the clinical team rather than split out separately.

Published 2026-06-11 · by Brokly

Direct answer: New Jersey physician offices pay a filed workers’-comp manual rate of $0.52 per $100 of payroll (2024 filed rate) — the 6th-highest of 51 US jurisdictions. Modeled on real payrolls, most <5-employee physician offices land around $630–$2.5k/yr, before experience mods and schedule credits.

52% of NJ physician offices have <5 employees — the chart below prices every size band from its own observed payroll.
New Jersey sits 6th of 51: HI pays more ($0.96), DE less ($0.44).
Workers’ comp is one of several coverages — see everything your physician practice needs in New Jersey →

What do New Jersey physician offices pay for workers’ comp?

Modeled annual premium across the real size distribution of NJ physician offices

bar height = how many physician offices are that size · figures = modeled annual cost

typical · most NJ physician offices

▼

<5 emp

≈$1.3k/yr

5–9 emp

≈$3.3k/yr

10–19 emp

≈$6.4k/yr

20–49 emp

≈$16k/yr

50–99 emp

≈$43k/yr

100–249 emp

≈$110k/yr

SMALLER

MID-SIZE

LARGER

A <5-employee NJ physician practice: modeled $630–$2.5k/yr in workers’-comp premium (that band’s own average wage, before experience mods and schedule credits). Bar heights show how many of the 7,335 NJ physician offices fall in each size band.

Cohort: size distribution of 7,335 NJ physician offices (Census CBP 2023); premiums modeled from one filed rate ($0.52/$100 payroll, 2024). Bands shown cover 7,317 of 7,335 establishments (99.8%) — 18 establishments in larger, very small-count, or data-suppressed size bands are not shown. 2023 payroll dollars, not inflation-adjusted. Illustrative benchmark — not a quote or coverage recommendation.

Filed manual rate (NJ)

$0.52 / $100 payroll

as of 2024

Typical <5-employee physician practice (52% of NJ)

$630–$2.5k / yr modeled

as of 2024 · CBP 2023

Sources: Oregon DCBS workers' compensation premium rate ranking study, June 2025 (calendar-year 2024 rates) (as of calendar year 2024, retrieved 2026-06-04) · US Census County Business Patterns 2023, state file (Offices of physicians (NAICS 621111)) (as of 2023, retrieved 2026-06-05)

How does New Jersey compare to nearby ranks?

Calculated manual rates, $ per $100 payroll, NCCI class 8832 (Physician & Clerical), 2024. See all 51 jurisdictions →

Rank	State	Rate / $100 payroll
2	California	$0.71
3	Wyoming	$0.57
4	New York	$0.56
5	Washington	$0.56
6	New Jersey	$0.52
7	Alaska	$0.48
8	Maine	$0.47
9	Vermont	$0.46
10	Montana	$0.46

Sources: Oregon DCBS workers' compensation premium rate ranking study, June 2025 (calendar-year 2024 rates) (as of calendar year 2024, retrieved 2026-06-04)

Frequently asked questions

What does workers' comp cost physician offices in New Jersey?

Modeled from the 2024 filed manual rate of $0.52 per $100 of payroll: a <5-employee physician practice lands around $630–$2.5k per year before experience mods and schedule credits.

What drives the rate up or down?

Three levers: payroll (the exposure base), claims history (the experience modifier), and schedule credits/debits the insurer applies. Physician-office work is NCCI class 8832 (Physician & Clerical) — the '& Clerical' is part of the class design, so receptionists and billing staff are rated in the same class as the clinical team rather than split out separately.

Physician offices in nearby-ranked states: Alaska ($0.48) · Maine ($0.47) · New York ($0.56) · California ($0.71)

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Illustrative benchmark — not a quote or coverage recommendation. Figures are modeled from public filings and Census data for 7,335 New Jersey physician offices; your premium depends on your payroll, claims history, and carrier.