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LIABILITY FOR CLAIMS PAYABLE
12 Months Ended
Dec. 31, 2013
Text Block [Abstract]  
LIABILITY FOR CLAIMS PAYABLE

5. LIABILITY FOR CLAIMS PAYABLE

Activity in the liability for claims payable for members is summarized as follows:

 

     2013     2012     2011  

Balance—January 1

   $ 2,136,010      $ 2,801,468      $ 2,776,328   
  

 

 

   

 

 

   

 

 

 

Net incurred related to:

      

Current year

     45,865,228        42,909,476        41,977,663   

Prior years

     (146,287 )      (147,671 )      28,160   
  

 

 

   

 

 

   

 

 

 

Net incurred claims

     45,718,941        42,761,805        42,005,823   
  

 

 

   

 

 

   

 

 

 

Net paid related to:

      

Current year

     43,648,282        40,775,534        39,177,488   

Prior years

     1,986,944        2,651,729        2,803,195   
  

 

 

   

 

 

   

 

 

 

Net paid claims

     45,635,226        43,427,263        41,980,683   
  

 

 

   

 

 

   

 

 

 

Balance—December 31

   $ 2,219,725      $ 2,136,010      $ 2,801,468