Operating Segments (Tables)

3 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The table below summarizes the Company's results by operating segment:

	Insurance		Non-Insurance		Corporate/Other		Eliminations		Consolidated Total
Three months ended March 31, 2023	(in thousands)
Premiums earned, net (net of ceded premiums of $122)	$	317,086	$	—	$	—	$	—	$	317,086
Non-Insurance revenue	—		205,783		—		—		205,783
Other income	1,839		428		17,310		(14,671)		4,906
Intersegment revenues	—		—		23,231		(23,231)		—
Net medical claims incurred	274,504		197,701		3,448		(3,163)		472,490
Gross profit (loss)	$	44,421	$	8,510	$	37,093	$	(34,739)	$	55,285
Total assets	$	467,392	$	716,104	$	936,903	$	(666,810)	$	1,453,589
	Insurance		Non-Insurance		Corporate/Other		Eliminations		Consolidated Total
Three months ended March 31, 2022	(in thousands)
Premiums earned, net (net of ceded premiums of $119)	$	278,169	$	—	$	—	$	—	$	278,169
Non-Insurance revenue	—		594,898		—		—		594,898
Other income	271		—		27,399		(26,358)		1,312
Intersegment revenues	—		—		19,136		(19,136)		—
Net medical claims incurred	268,126		593,999		2,628		(3,031)		861,722
Gross profit (loss)	$	10,314	$	899	$	43,907	$	(42,463)	$	12,657
Total assets	$	406,167	$	1,859,741	$	1,113,735	$	(699,749)	$	2,679,894

Schedule of Reconciliation of Revenue from Segments to Consolidated

A reconciliation of the reportable segments' gross profit to the Net loss included in the Consolidated Statements of Operations and Comprehensive Loss is as follows:

Three months ended March 31,	2023		2022
	(in thousands)
Gross profit	$	55,285	$	12,657
Salaries and benefits	70,207		69,091
General and administrative expenses	59,215		57,697
Premium deficiency reserve benefit	(1,810)		(27,476)
Depreciation and amortization	279		826
Interest expense	—		403
Gain on investment	—		(12,394)
Net loss	$	(72,606)	$	(75,490)