Contract Assets and Excess Profit Share Receipts (Tables)

Contract assets balances for the periods indicated below were as follows:


	Contract Assets
	Profit Share		Program Fee		TPA Fee		Total
	(in thousands)
Ending balance as of December 31, 2022	$	65,889	$	7,932	$	1,609	$	75,430
Increase of contract assets due to new business generation	66,113		64,245		10,055		140,413
Change in estimates of revenue from performance obligations satisfied in previous periods	(22,812)		—		—		(22,812)
Payables (receivables) transferred from contract assets	—		(67,440)		—		(67,440)
Payments received from insurance carriers	(86,383)		—		(9,942)		(96,325)
Provision for expected credit losses	48		1		(1)		48
Ending balance as of December 31, 2023	22,855		4,738		1,721		29,314
Increase of contract assets due to new business generation	52,979		57,350		10,107		120,436
Change in estimates of revenue from performance obligations satisfied in previous periods(1)	(48,546)		—		—		(48,546)
Payables (receivables) transferred from contract assets	5,144		(58,865)		—		(53,721)
Payments received from insurance carriers	(22,834)		—		(9,624)		(32,458)
Provision for expected credit losses	35		6		1		42
Ending balance as of December 31, 2024	$	9,633	$	3,229	$	2,205	$	15,067

(1) Includes $(5.1) million of estimated, non-recurring charges associated with future claim payments and previous profit share.

The excess profit share receipts liability balance for the periods indicated below were as follows:


	Profit Share
	(in thousands)
Ending balance as of December 31, 2023	$	—

Change in estimates of profit share revenue	47,556
Payments received from insurance carriers	—

Ending balance as of December 31, 2024	$	47,556