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Liability for Future Policy Benefits and Unpaid Claims Disclosure [Text Block]: Schedule of Liability for Unpaid Claims and Claims Adjustment Expense (Tables)
6 Months Ended
Jun. 30, 2017
Schedule of Liability for Unpaid Claims and Claims Adjustment Expense

 

 

 

Six Months Ended

 

 

June 30,

 

 

2017

 

2016

 

 

 

 

 

Balance at beginning of year

$

219,113  

$

245,443 

Less: reinsurance recoverable

 

88,853  

 

65,362 

Net balance at beginning of year

 

130,260  

 

180,081 

 

 

 

 

 

Amount incurred, related to:

 

 

 

 

  Current year

 

78,482  

 

74,468 

  Prior years

 

(7,669) 

 

(6,192) 

 

 

 

 

 

  Total incurred

 

70,813  

 

68,276 

 

 

 

 

 

Amount paid, related to:

 

 

 

 

  Current year

 

24,034  

 

26,011 

  Prior years

 

44,419  

 

101,225 

 

 

 

 

 

  Total paid

 

68,453  

 

127,236 

 

 

 

 

 

Net balance at end of year

 

132,620  

 

121,121 

Plus:  reinsurance recoverable

 

48,945  

 

126,447 

Balance at end of year

$

181,565  

$

247,568 

Specialty Health Segment Member | Health Insurance Product Line  
Schedule of Liability for Unpaid Claims and Claims Adjustment Expense

 

 

 

 

Specialty Health Segment

 

 

Health Insurance Claims

 

 

Six Months Ended

 

 

June 30,

 

 

2017

 

2016

 

 

 

 

 

Balance at beginning of year

$

27,183  

$

23,425  

Less: reinsurance recoverable

 

1,179  

 

1,362  

Net balance at beginning of year

 

26,004  

 

22,063  

 

 

 

 

 

Amount incurred, related to:

 

 

 

 

  Current year

 

25,514 

 

26,574  

  Prior years

 

343 

 

(222) 

 

 

 

 

 

  Total incurred

 

25,857 

 

26,352  

 

 

 

 

 

Amount paid, related to:

 

 

 

 

  Current year

 

2,927  

 

9,281  

  Prior years

 

17,355 

 

15,634  

 

 

 

 

 

  Total paid

 

20,282 

 

24,915  

 

 

 

 

 

Net balance at end of year

 

31,579 

 

23,500  

Plus:  reinsurance recoverable

 

666 

 

848  

Balance at end of year

$

32,245 

$

24,348