Medical Liabilities

9 Months Ended

Sep. 30, 2024

Liability for Unpaid Claims and Claims Adjustment Expense, Activity in Liability [Abstract]

Medical Liabilities

8.Medical Liabilities

The Company’s medical liabilities consisted of the following (in thousands):

	September 30, 2024			September 30, 2023
Medical liabilities, beginning of period	$	106,657		$	81,255
Acquired* (see Note 3)		32,106			6,157
Components of medical care costs related to claims incurred:
Current period		797,906			642,880
Prior periods		(7,890	)		(13,251	)
Total medical care costs		790,016			629,629
Payments for medical care costs related to claims incurred:
Current period		(654,625	)		(547,212	)
Prior periods		(112,847	)		(74,966	)
Total paid		(767,472	)		(622,178	)
Adjustments		(1,028	)		2,656
Medical liabilities, end of period	$	160,279		$	97,519

*The acquired balance includes medical liabilities from current and prior periods.