2007 STATEMENT OF REVENUE AND EXPENSES - 004
96911 - Harvard
Pilgrim Health Care Inc
Quarter 2 |
|
Line |
Uncovered Current Year to Date |
Total Current Year to Date |
Total Prior Year to Date |
| 01 |
Member months |
|
2,657,821 |
2,843,707 |
| 02 |
Net premium income (including $0 non-health premium
income) |
|
1,019,453,814 |
1,075,954,701 |
| 03 |
Change in unearned premium reserves and reserve for
rate credits |
|
0 |
0 |
| 04 |
Fee-for-service (net of $0 medical expenses) |
|
1,676,608 |
914,644 |
| 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 |
|
1,021,130,422 |
1,076,869,345 |
| 09 |
Hospital/medical benefits (hospital and medical) |
0 |
722,743,803 |
767,877,846 |
| 10 |
Other professional services (hospital and
medical) |
0 |
14,245,422 |
16,733,836 |
| 11 |
Outside referrals (hospital and medical) |
0 |
12,583,896 |
17,271,958 |
| 12 |
Emergency room and out-of-area (hospital and
medical) |
0 |
16,415,713 |
16,584,416 |
| 13 |
Prescription drugs (hospital and medical) |
0 |
114,022,904 |
113,222,606 |
| 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 |
14,986,775 |
14,046,113 |
| 16 |
Subtotal (hospital and medical) |
0 |
894,998,513 |
945,736,775 |
| 17 |
Net reinsurance recoveries (less) |
0 |
700,621 |
652,942 |
| 18 |
Total hospital and medical (less) |
0 |
894,297,892 |
945,083,833 |
| 19 |
Non-health claims (net) (less) |
0 |
0 |
0 |
| 20 |
Claims adjustment expenses, including $25509903 cost
containment expenses (less) |
0 |
54,180,735 |
56,797,925 |
| 21 |
General administrative expenses (less) |
0 |
78,622,392 |
67,662,531 |
| 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 |
1,027,101,019 |
1,069,544,289 |
| 24 |
Net underwriting gain or (loss) |
|
-5,970,597 |
7,325,056 |
| 25 |
Net investment income earned |
0 |
15,877,571 |
13,167,440 |
| 26 |
Net realized capital gains (losses) less capital
gains tax of $0 |
0 |
-121,491 |
-1,512,909 |
| 27 |
Net investment gains or (losses) |
0 |
15,756,080 |
11,654,531 |
| 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 |
-893,561 |
585,247 |
| 30 |
Net income or (loss) after capital gains tax and
before all other federal income taxes |
|
8,891,922 |
19,564,834 |
| 31 |
Federal and foreign income taxes incurred |
|
0 |
0 |
| 32 |
Net income (loss) |
|
8,891,922 |
19,564,834 |
|
Details of Write-Ins |
| 0699 |
|
|
0 |
0 |
| 0799 |
|
|
0 |
0 |
| 1499 |
|
0 |
0 |
0 |
| 2901 |
Miscellaneous & Other Income |
0 |
-893,561 |
585,247 |
| 2999 |
|
0 |
-893,561 |
585,247 | |
2007 STATEMENT OF REVENUE AND EXPENSES (Continued) - 005
96911 -
Harvard Pilgrim Health Care Inc
Quarter 2 |
|
Line |
Current Year to Date |
Prior Year to Date |
Prior Year |
| 33 |
Capital and surplus prior reporting year |
321,946,756 |
289,920,118 |
289,920,118 |
| 34 |
Net income or (loss) from Line 32 |
8,891,922 |
19,564,834 |
68,354,069 |
| 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 |
1,254,639 |
-1,099,965 |
621,093 |
| 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 |
-9,624,574 |
-2,066,905 |
-16,657,360 |
| 40 |
Change in unauthorized reinsurance |
0 |
0 |
0 |
| 41 |
Change in treasury stock |
0 |
0 |
0 |
| 42 |
Change in surplus notes |
-9,757,448 |
0 |
-11,034,896 |
| 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 |
0 |
-9,982,868 |
-9,256,268 |
| 48 |
Net change in capital and surplus |
-9,235,461 |
6,415,096 |
32,026,638 |
| 49 |
Capital and surplus end of reporting period |
312,711,295 |
296,335,214 |
321,946,756 |
|
Details of Write-Ins |
| 4701 |
Net Long-term Debt Payment - Other
Surplus Notes |
0 |
-6,804,025 |
-9,256,268 |
| 4702 |
Other |
0 |
-3,178,843 |
0 |
| 4799 |
|
0 |
-9,982,868 |
-9,256,268 |
|
Last Updated:
September 27, 2010
|
