Section 18.04.11.022 - RESERVE STANDARDS01.Acceleration of Benefits Under Life Policies. When long-term care benefits are provided through the acceleration of benefits under group or individual life policies or riders to such policies, policy reserves for the benefits are determined in accordance with Section 41-612, Idaho Code, Standard Valuation Law - Life Insurance. Claim reserves will also be established in the case when the policy or rider is in claim status.02.Decrement Models. Reserves for policies and riders subject to Section 022 should be based on the multiple decrement model utilizing all relevant decrements except for voluntary termination rates. Single decrement approximations are acceptable if the calculation produces essentially similar reserves, if the reserve is clearly more conservative, or if the reserve is immaterial. The calculations may take into account the reduction in life insurance benefits due to the payment of long-term care benefits. However, in no event can the reserves for the long-term care benefit and the life insurance benefit be less than the reserves for the life insurance benefit assuming no long-term care benefit.03.Considerations Impacting Projected Claim Costs. Any applicable valuation morbidity table is certified as appropriate as a statutory valuation table by a member of the American Academy of Actuaries. In the development and calculation of reserves for policies and riders subject to Section 022, due regard is given to the applicable policy provisions, marketing methods, administrative procedures and all other considerations which have an impact on projected claim costs, including, but not limited to, the following:a. Definition of insured events;b. Covered long-term care facilities;c. Existence of home convalescence care coverage;d. Definition of facilities;e. Existence or absence of barriers to eligibility;f. Premium waiver provision;h. Ability to raise premiums;j. Underwriting procedures;k. Claims adjustment procedures;n. Availability of eligible facilities;o. Margins in claim costs;p. Optional nature of benefit;q. Delay in eligibility for benefit;r. Inflation protection provisions; ands. Guaranteed insurability option.04.Benefits Not Covered in Section 022. When long-term care benefits are provided other than as in Subsection 022.01 above, reserves are determined in accordance with Section 41-608, Idaho Code, "Reserve for Disability Insurance."Idaho Admin. Code r. 18.04.11.022