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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)
9 Months Ended
Sep. 30, 2017
Schedule of Liability for Unpaid Claims and Claims Adjustment Expense

 

 

 

Nine Months Ended

 

 

September 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

 

114,795  

 

111,526 

  Prior years

 

(9,236) 

 

(7,048) 

 

 

 

 

 

  Total incurred

 

105,559  

 

104,478 

 

 

 

 

 

Amount paid, related to:

 

 

 

 

  Current year

 

52,822  

 

46,997 

  Prior years

 

56,452  

 

109,819 

 

 

 

 

 

  Total paid

 

109,274  

 

156,816 

 

 

 

 

 

Net balance at end of period

 

126,545  

 

127,743 

Plus:  reinsurance recoverable

 

43,002  

 

115,076 

Balance at end of period

$

169,547  

$

242,819 

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

 

 

 

 

Specialty Health Segment

 

 

Health Insurance Claims

 

 

Nine Months Ended

 

 

September 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

 

40,836 

 

34,598  

  Prior years

 

1,144 

 

(6,845) 

 

 

 

 

 

  Total incurred

 

41,980 

 

27,753  

 

 

 

 

 

Amount paid, related to:

 

 

 

 

  Current year

 

13,528 

 

9,541  

  Prior years

 

23,797 

 

13,105  

 

 

 

 

 

  Total paid

 

37,325 

 

22,646  

 

 

 

 

 

Net balance at end of period

 

30,659 

 

27,170  

Plus:  reinsurance recoverable

 

814 

 

848  

Balance at end of period

$

31,473 

$

28,018