Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2017

Discontinued Operations and Disposal Groups [Abstract]

Net Assets, Income and Operating Cash Flows of Discontinued Operations

The net assets related to discontinued operations at September 30, 2017 and December 31, 2016 were as follows:

	September 30, 2017		December 31, 2016
Assets:
Due premiums	$	3,945	$	8,840
Other receivables(1)	64,627		118,692
Total assets related to discontinued operations	68,572		127,532
Liabilities:
Risk sharing payable	9,065		8,374
Current and deferred income taxes payable	1,630		3,820
Other(2)	38,633		15,230
Total liabilities related to discontinued operations	49,328		27,424
Net assets	$	19,244	$	100,108

(1) At September 30, 2017, other receivables included $65 million from the Centers for Medicare and Medicaid Services (CMS). At December 31, 2016, other receivables included $50 million from the Centers for Medicare and Medicaid Services (CMS) and $69 million from drug manufacturer rebates.

(2) At September 30, 2017, the balance included $35.8 million due to CMS. At December 31, 2016, the balance included a $3.6 million contingent purchase price reserve.

Income from discontinued operations for the three and nine months ended September 30, 2017 and 2016 was as follows:

	Three Months Ended   September 30,						Nine Months Ended   September 30,
	2017			2016			2017			2016
Revenue:
Health premium	$	(48	)	$	53,632		$	(343	)	$	165,105
Benefits and expenses:
Health policyholder benefits	(115		)	33,331			3,817			146,683
Amortization of deferred acquisition costs	—			1,018			—			2,958
Commissions, premium taxes, and non-deferred acquisition expenses	53			3,352			783			12,253
Other operating expense	32			1,222			809			4,512
Total benefits and expenses	(30		)	38,923			5,409			166,406
Income (loss) before income taxes for discontinued operations	(18		)	14,709			(5,752		)	(1,301		)
Gain from sale of discontinued operations	—			613			—			613
Income tax benefit (expense)	6			(5,363		)	2,013			241
Income (loss) from discontinued operations	$	(12	)	$	9,959		$	(3,739	)	$	(447	)

Operating cash flows of the discontinued operations for the nine months ended September 30, 2017 and 2016 were as follows:

	Nine Months Ended   September 30,
	2017		2016
Net cash provided from (used for) discontinued operations	$	77,125	$	82,565