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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
REVENUES    
Premium revenue $ 29,624,344 $ 28,225,381
Investment income 90,206 78,057
Realized gains on investments, net 145,398 13,049
Total revenues 29,859,948 28,316,487
EXPENSES    
Healthcare services expense 22,796,626 21,498,804
Insurance expense:    
Salaries and benefits expense 2,814,820 2,373,138
Commission expenses and other acquisition costs 947,038 1,220,234
Other insurance expense 2,786,350 2,426,060
Total insurance expense 6,548,208 6,019,432
Total expenses 29,344,834 27,518,236
INCOME BEFORE INCOME TAX 515,114 798,251
INCOME TAX EXPENSE 114,200 222,695
NET INCOME 400,914 575,556
OTHER COMPREHENSIVE (LOSS) INCOME    
Change in the fair value of interest rate swap, net of income tax of ($2,066) and $3,605, respectively (7,773) 13,560
Change in the fair value of investments, net of income tax (benefit) $49,089 and ($40,510), respectively 184,558 (152,397)
Reclassification adjustment for realized gains (loss) included in net income, net of income tax (benefit) of $1,990 and ($295), respectively 7,488 (1,111)
Effect on other comprehensive income (loss), net 184,273 (139,948)
TOTAL COMPREHENSIVE INCOME $ 585,187 $ 435,608