Medical Expenses Payable (Tables)

12 Months Ended

Dec. 31, 2024

Insurance [Abstract]

Schedule of Medical Expenses Payable

The following table is a detail of medical expenses payable as of December 31, 2024 and 2023:

	December 31, 2024		December 31, 2023
Claims incurred but not paid	$	168,357	$	95,664
Capitation and risk-sharing payable	52,016		50,894
Other	69,415		58,841
Medical expenses payable	$	289,788	$	205,399

Schedule of Components of Change in Medical Expenses Payable

The following table presents components of the change in medical expenses payable as of December 31, 2024, 2023, and 2022 :

	December 31, 2024		December 31, 2023		December 31, 2022
Claims incurred but not paid - beginning balance	$	95,664	$	88,813	$	77,073
Incurred related to:
Current year	832,819		492,315		400,939
Prior years	(9,245)		(14,555)		(15,402)
Total incurred, net of reinsurance	823,574		477,760		385,537
Payments related to:
Current year	670,471		400,465		315,187
Prior years	80,410		70,444		58,610
Total payments, net of reinsurance	750,881		470,909		373,797
Claims incurred but not paid - ending balance	168,357		95,664		88,813
Capitation payable, risk-sharing payable, and other	121,431		109,735		81,322
Total medical expenses payable	$	289,788	$	205,399	$	170,135

Schedule of Information About Incurred and Paid Claims Development

The following tables provide information about incurred and paid claims development as of December 31, 2024:

	Cumulative Incurred Claims, Net of Reinsurance For the Years Ended December 31,
	2022		2023	2024
Claims Incurred Year	(in thousands)
2022	$	400,939	385,746	383,865
2023			492,315	484,951
2024				832,819
Total				$	1,701,635

	Cumulative Claims Paid, Net of Reinsurance For the Years Ended December 31,					Cumulative Number of Paid Claims(1)
	2022		2023	2024
Claims Incurred Year	(in thousands)
2022	$	315,187	383,419	382,467		389,689
2023			400,465	481,827		537,129
2024				670,471		909,451
Total				$	1,534,765

(1) Cumulative number of paid claims are presented in whole amounts