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Medical Expenses Payable (Tables)
6 Months Ended
Jun. 30, 2022
Insurance [Abstract]  
Schedule of Medical Expenses Payable

The following table is a detail of medical expenses payable as of June 30, 2022 and December 31, 2021:

 

 

 

June 30,
2022

 

 

December 31,
2021

 

Claims incurred but not paid

 

$

84,667

 

 

$

77,073

 

Capitation payable, risk-sharing payable, and other

 

 

89,204

 

 

 

48,813

 

 

 

$

173,871

 

 

$

125,886

 

Components of Change in Medical Expenses Payable

The following table presents components of the change in medical expenses payable as of June 30, 2022 and 2021:

 

 

 

June 30,
2022

 

 

June 30,
2021

 

Claims incurred but not paid - beginning balance

 

$

77,073

 

 

$

82,391

 

Incurred related to:

 

 

 

 

 

 

Current year

 

 

189,468

 

 

 

164,620

 

Prior years

 

 

(14,657

)

 

 

(3,016

)

Total incurred, net of reinsurance

 

 

174,811

 

 

 

161,604

 

Payments related to:

 

 

 

 

 

 

Current year

 

 

112,674

 

 

 

100,606

 

Prior years

 

 

54,543

 

 

 

66,015

 

Total payments, net of reinsurance

 

 

167,217

 

 

 

166,621

 

Claims incurred but not paid - ending balance

 

 

84,667

 

 

 

77,374

 

Capitation payable, risk-sharing payable, and other

 

 

89,204

 

 

 

59,104

 

Total medical expenses payable

 

$

173,871

 

 

$

136,478