SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2013

Operating Results of the Company's Reportable Segments Through the Gross Margin Level

The tables below summarize the operating results of the Company’s reportable segments through the gross margin level, as that is the measure of profitability used by the chief operating decision maker to assess segment performance and make decisions regarding the allocation of resources. A reconciliation of gross margin to operating earnings at a consolidated level is also provided. Total assets by reportable segment are not disclosed as these assets are not reviewed separately by the Company’s chief operating decision maker. The dollar amounts in the segment tables are presented in thousands.



	Quarter Ended March 31, 2013
	Commercial Products Division		Government Programs Division		Workers’ Compensation		Elim.			Total
Operating revenues
Managed care premiums	$	1,322,718	$	1,928,726	$	—	$	(14,781	)	$	3,236,663
Management services	108,084		—		175,488		—			283,572
Total operating revenues	1,430,802		1,928,726		175,488		(14,781		)	3,520,235
Medical costs	1,021,785		1,679,647		—		(14,781		)	2,686,651
Cost of sales	—		—		59,485		—			59,485
Gross margin	$	409,017	$	249,079	$	116,003	$	—		$	774,099

Selling, general and administrative										520,300
Depreciation and amortization										37,631
Operating earnings										$	216,168



	Quarter Ended March 31, 2012
	Commercial Products Division		Government Programs Division		Workers’ Compensation		Elim.			Total
Operating revenues
Managed care premiums	$	1,481,275	$	1,915,795	$	—	$	(10,802	)	$	3,386,268
Management services	113,777		—		191,922		—			305,699
Total operating revenues	1,595,052		1,915,795		191,922		(10,802		)	3,691,967
Medical costs	1,177,985		1,641,165		—		(10,802		)	2,808,348
Cost of sales	—		—		67,952		—			67,952
Gross margin	$	417,067	$	274,630	$	123,970	$	—		$	815,667

Selling, general and administrative										502,888
Depreciation and amortization										36,303
Operating earnings										$	276,476

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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