Advisory Loss Cost is the portion of the rate that represents projected losses and are published by NCCI. The carrier adds an increment for expenses (loss cost multiplier) to the advisory loss cost to develop the manual rate.
Miscellaneous Rating Values Various factors used to determine workers’ compensation premiums. The most prominent being minimum and maximum payroll amounts for partners and sole proprietors and executive officers for both construction and non-construction industry.
NCCI March 1, 2016 Advisory Loss Cost and Rating Values