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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)
12 Months Ended
Dec. 31, 2019
Schedule of Liability for Unpaid Claims and Claims Adjustment Expense

 

 

2019

 

 

2018

 

 

 

 

Balance at beginning of year

$

160,115  

 

$

168,683  

Less: reinsurance recoverable

 

38,122  

 

 

42,136  

Net balance at beginning of year

 

121,993  

 

 

126,547  

 

 

 

 

 

 

Amount incurred, related to:

 

 

 

 

 

  Current year

 

196,124  

 

 

166,899  

  Prior years

 

(20,294) 

 

 

(19,907) 

 

 

 

 

 

 

  Total incurred

 

175,830  

 

 

146,992  

 

 

 

 

 

 

Amount paid, related to:

 

 

 

 

 

  Current year

 

115,319  

 

 

97,168  

  Prior years

 

54,695  

 

 

54,378  

 

 

 

 

 

 

  Total paid

 

170,014  

 

 

151,546  

 

 

 

 

 

 

Net balance at end of year

 

127,809  

 

 

121,993  

Plus:  reinsurance recoverable

 

36,993  

 

 

38,122  

Balance at end of year

$

164,802  

 

$

160,115  

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

 

Specialty Health Segment

 

Health Insurance Claims

 

2019

 

 

2018

 

 

 

 

Balance at beginning of year

$

26,068  

 

$

32,904  

Less: reinsurance recoverable

 

851  

 

 

762  

Net balance at beginning of year

 

25,217  

 

 

32,142  

 

 

 

 

 

 

Amount incurred, related to:

 

 

 

 

 

  Current year

 

51,479  

 

 

47,143  

  Prior years

 

(3,517) 

 

 

(9,000) 

 

 

 

 

 

 

  Total incurred

 

47,962  

 

 

38,143  

 

 

 

 

 

 

Amount paid, related to:

 

 

 

 

 

  Current year

 

25,738  

 

 

24,422  

  Prior years

 

17,295  

 

 

20,646  

 

 

 

 

 

 

  Total paid

 

43,033  

 

 

45,068  

 

 

 

 

 

 

Net balance at end of year

 

30,146  

 

 

25,217  

Plus:  reinsurance recoverable

 

1,113  

 

 

851  

Balance at end of year

$

31,259  

 

$

26,068