Guidance in determining a disciplined current scale

(a) In determining the disciplined current scale, an insurer may rely on the standards established by the Actuarial Standards Board if the standards (1) conform with the requirements of 3 AAC 28.800 - 3 AAC 28.849; (2) limit a disciplined current scale to reflect only actions that have already been taken or events that have already occurred; (3) do not permit a disciplined current scale to include any projected trends of improvements in experience or any assumed improvements in experience beyond the illustration date; and (4) do not permit assumed expenses to be less than minimum assumed expenses. (b) For purposes of this section (1) each year an insurer may choose to designate the method of determining assumed expenses for all policy forms as fully allocated expenses, marginal expenses, or a generally recognized expense table that has been approved by the director and is based on fully allocated expenses representing a significant portion of insurance companies; the insurer may use marginal expenses only if marginal expenses are greater than the generally recognized expense table; if a generally recognized expense table has not been approved by the director, the insurer shall use fully allocated expenses; and (2) "minimum assumed expenses" means the minimum expenses that may be used in the calculation of the disciplined current scale for a policy form.