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Maine.gov > PFR Home > Insurance Regulation > HMO > Financial Information > Financial Statement - 2005 Quarter 3

 

2005 STATEMENT OF REVENUE AND EXPENSES - 004 96911 - Harvard Pilgrim Health Care Inc Quarter 3

  Line Uncovered Current Year to Date Total Current Year to Date Total Prior Year to Date
01 Member months   4,359,195 5,103,905
02 Net premium income (including $0 non-health premium income)   1,519,446,147 1,585,609,863
03 Change in unearned premium reserves and reserve for rate credits   0 0
04 Fee-for-service (net of $0 medical expenses)   1,247,389 1,067,171
05 Risk revenue   0 0
06 Aggregate write-ins for other health care related revenues   0 0
07 Aggregate write-ins for other non-health revenues   0 0
08 Total revenues   1,520,693,536 1,586,677,034
09 Hospital/medical benefits (hospital and medical) 0 1,032,830,851 1,087,049,001
10 Other professional services (hospital and medical) 0 28,608,932 36,541,286
11 Outside referrals (hospital and medical) 0 28,766,382 31,687,403
12 Emergency room and out-of-area (hospital and medical) 0 24,389,479 24,905,946
13 Prescription drugs (hospital and medical) 0 141,561,327 153,038,944
14 Aggregate write-ins for other hospital and medical (hospital and medical) 0 0 0
15 Incentive pool, withhold adjustments and bonus amounts (hospital and medical) 0 55,073,712 66,372,749
16 Subtotal (hospital and medical) 0 1,311,230,683 1,399,595,329
17 Net reinsurance recoveries (less) 0 3,403,040 2,322,535
18 Total hospital and medical (less) 0 1,307,827,643 1,397,272,794
19 Non-health claims (net) (less) 0 0 0
20 Claims adjustment expenses, including $38285902 cost containment expenses (less) 0 76,684,447 80,752,804
21 General administrative expenses (less) 0 104,533,164 98,174,315
22 Increase in reserves for life and accident and health contracts (including $0 increase in reserves for life only) (less) 0 0 0
23 Total underwriting deductions 0 1,489,045,254 1,576,199,913
24 Net underwriting gain or (loss)   31,648,282 10,477,121
25 Net investment income earned 0 14,610,270 9,870,995
26 Net realized capital gains (losses) less capital gains tax of $0 0 -48,534 743,954
27 Net investment gains or (losses) 0 14,561,736 10,614,949
28 Net gain or (loss) from agents' or premium balances charged off [(amount recovered $0 (amount charged off $0] 0 0 0
29 Aggregate write-ins for other income or expenses 0 -111,913 -1,247,651
30 Net income or (loss) after capital gains tax and before all other federal income taxes   46,098,105 19,844,419
31 Federal and foreign income taxes incurred   0 0
32 Net income (loss)   46,098,105 19,844,419
  Details of Write-Ins      
0699     0 0
0799     0 0
1499   0 0 0
2901 Miscellaneous & Other Income 0 -111,913 -1,247,651
2999   0 -111,913 -1,247,651

 

2005 STATEMENT OF REVENUE AND EXPENSES (Continued) - 005
96911 - Harvard Pilgrim Health Care Inc
Quarter 3
  Line Current Year to Date Prior Year to Date Prior Year
33 Capital and surplus prior reporting year 243,370,906 210,564,272 210,564,272
34 Net income or (loss) from Line 32 46,098,105 19,844,419 34,193,483
35 Change in valuation basis of aggregate policy and claim reserves 0 0 0
36 Change in net unrealized capital gains (losses) less capital gains tax of $0 2,385,184 445,826 1,262,943
37 Change in net unrealized foreign exchange capital gain or (loss) 0 0 0
38 Change in net deferred income tax 0 0 0
39 Change in nonadmitted assets -4,095,472 -1,390,965 3,991,443
40 Change in unauthorized reinsurance 0 0 0
41 Change in treasury stock 0 0 0
42 Change in surplus notes -9,676,730 -1,744,066 -1,686,343
43 Cumulative effect of changes in accounting principles 0 0 0
44.1 Paid in (capital changes) 0 0 0
44.2 Transferred from surplus (stock dividend) (capital changes) 0 0 0
44.3 Transferred to surplus (capital changes) 0 0 0
45.1 Paid in (surplus adjustments) 0 0 0
45.2 Transferred to capital (stock dividend) (surplus adjustments) 0 0 0
45.3 Transferred from capital (surplus adjustments) 0 0 0
46 Dividends to stockholders 0 0 0
47 Aggregate write-ins for gains or (losses) in surplus -5,181,172 -4,976,172 -4,954,892
48 Net change in capital and surplus 29,529,915 12,179,042 32,806,634
49 Capital and surplus end of reporting period 272,900,821 222,743,314 243,370,906
  Details of Write-Ins      
4701 Net Long-term Debt Payment - Other Surplus Notes -5,181,172 -4,976,172 -4,954,892
4799   -5,181,172 -4,976,172 -4,954,892

 

Last Updated: August 22, 2012