v3.24.2
Medical Claims Payable (Tables)
 6 Months Ended
Jun. 30, 2024
Insurance [Abstract]  
Schedule of Reconciliation of Medical Claims Payable
A reconciliation of the beginning and ending balances for medical claims payable for the six months ended June 30, 2024 and 2023 is as follows:
20242023
Gross medical claims payable, beginning of period$15,865 $15,348 
Ceded medical claims payable, beginning of period(7)(6)
Net medical claims payable, beginning of period15,858 15,342 
Net incurred medical claims:
Current period60,551 61,290 
Prior periods redundancies(1,473)(1,112)
Total net incurred medical claims59,078 60,178 
Net payments attributable to:
Current period medical claims48,297 48,217 
Prior periods medical claims11,584 11,409 
Total net payments59,881 59,626 
Net medical claims payable, end of period15,055 15,894 
Ceded medical claims payable, end of period12 8 
Gross medical claims payable, end of period$15,067 $15,902 
Schedule of Reconciliation of Net Incurred Medical Claims to Benefit Expense
The reconciliation of net incurred medical claims to benefit expense included in our consolidated statements of income for the six months ended June 30, 2024 and 2023 is as follows:
20242023
Total net incurred medical claims$59,078 $60,178 
Quality improvement and other claims expense2,040 2,212 
Benefit expense$61,118 $62,390 
Schedule of Reconciliation of Short Duration Medical Claims Payable to the Consolidated Medical Claims Payable
The reconciliation of the medical claims payable reflected in the tables above to the consolidated ending balance for medical claims payable included in the consolidated balance sheet, as of June 30, 2024 is as follows:
Total
Net medical claims payable, end of period$15,055 
Ceded medical claims payable, end of period12 
Insurance lines other than short duration248 
Liabilities held for sale
(111)
Gross medical claims payable, end of period$15,204