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Medical Claims and Related Payables (Tables)
3 Months Ended
Mar. 31, 2023
Insurance [Abstract]  
Summary Changes in Medical Claims and Related Payables

The following table presents the components of changes in medical claims and related payables (in thousands):

 

 

 

March 31,

 

 

 

2023

 

 

2022

 

Medical claims and related payables, beginning of the year

 

$

339,748

 

 

$

239,014

 

Components of incurred costs related to:

 

 

 

 

 

 

Current year

 

 

944,306

 

 

 

561,478

 

Prior years

 

 

28,521

 

 

 

4,730

 

Discontinued operations - prior years

 

 

 

 

 

(85

)

 

 

972,827

 

 

 

566,123

 

Claims paid related to:

 

 

 

 

 

 

Current year

 

 

(258,217

)

 

 

(167,526

)

Prior years

 

 

(320,828

)

 

 

(165,316

)

Discontinued operations - prior years

 

 

 

 

 

28

 

 

 

(579,045

)

 

 

(332,814

)

Medical claims and related payables, end of the period

 

$

733,530

 

 

$

472,323