1-866-990-COMP

Workers' Compensation Insurance

Class Code 4717

Butter Substitutes Manufacturing

Email
Author Information

Martin Summers

Insurance Agent

Class code 4717 is used for employees that work within a facility that manufactures butter substitute products such as vegetable margarine. Base oils that may be included within the scope of this classification are cottonseed oil, corn oil, soybean oil, etc. To make the finished product, these oils are taken and combined with milk solids and additives, such as preservatives, salt, and vitamins. Employees working under class code 4717 may be responsible for various portions of the manufacturing process, including blending of ingredients in large mixing vats, pumping of liquids into congealing tanks, using hoppers to transport the product, and operating forming machines. Once the product is completed, duties such as inspecting, weighing, packaging, boxing, and shipping will also need to be performed.

Because this class code is applicable to the hydrogenation of oils, it would also apply to any refining of crude vegetable oil as well as the incidental manufacturing of hydrogen required for hydrogenation.

Florida Rates for Class Code 4717

2014 Rate: $2.55
2013 Rate: $2.99

Each workers' compensation class code in Florida has a unique rate assigned to it based on the likelihood of workplace injuries for the group of employees throughout the state that are assigned to that class code. Click this link for more information about the ratemaking process. The rates used in Florida workers comp insurance were increased in 2014 by an average of 6.1% by the Florida Office of Insurance Regulation.

For class code 4717, this rate change resulted in a 17.3% decrease from 2013 to 2014. The 2014 rate for this classification is 2.55 dollars for every 100 dollars of remuneration. With the decrease in rates this year, the 2014 rate is 71.7% below the 2003 rate of 10.56 dollars.

Despite the manual rates being set by the Florida government for workers comp class codes, there are still ways that employers can lower their overall workers compensation costs and total premium. Our insurance agents would like the opportunity to discuss these premium discounts and other cost savings measures with your business. Contact us today to receive competitive quotes for your business.

Other Related Class Codes

  • No Related Class Codes

Have Workers Comp Questions?

Let a FloridaWC Agent help:

Contact our Workers Comp Insurance Agents

Get a Quote Now