2008 STATEMENT OF REVENUE AND EXPENSES - 004
52618 - Anthem Health Plans of ME Inc
Quarter 2 |
|
Line |
Uncovered Current Year to Date |
Total Current Year to Date |
Total Prior Year to Date |
Total Prior Year Ended December 31 |
| 01 |
Member months |
|
1,682,722 |
1,879,622 |
3,703,104 |
| 02 |
Net premium income (including $0 non-health premium income) |
|
501,466,111 |
503,426,060 |
1,047,524,318 |
| 03 |
Change in unearned premium reserves and reserve for rate credits |
|
-4,390,236 |
35,966,613 |
28,377,183 |
| 04 |
Fee-for-service (net of $0 medical expenses) |
|
0 |
0 |
0 |
| 05 |
Risk revenue |
|
0 |
0 |
0 |
| 06 |
Aggregate write-ins for other health care related revenues |
|
0 |
0 |
0 |
| 07 |
Aggregate write-ins for other non-health revenues |
|
-7,476 |
0 |
-1,570 |
| 08 |
Total revenues |
|
497,068,399 |
539,392,673 |
1,075,899,931 |
| 09 |
Hospital/medical benefits (hospital and medical) |
3,508,339 |
338,740,918 |
375,140,192 |
740,572,836 |
| 10 |
Other professional services (hospital and medical) |
31,675 |
3,058,292 |
2,809,171 |
5,721,918 |
| 11 |
Outside referrals (hospital and medical) |
0 |
0 |
0 |
0 |
| 12 |
Emergency room and out-of-area (hospital and medical) |
151,088 |
14,588,035 |
15,743,119 |
31,528,727 |
| 13 |
Prescription drugs (hospital and medical) |
681,910 |
65,840,514 |
72,225,973 |
141,849,421 |
| 14 |
Aggregate write-ins for other hospital and medical (hospital and medical) |
0 |
0 |
0 |
0 |
| 15 |
Incentive pool, withhold adjustments and bonus amounts (hospital and medical) |
0 |
0 |
0 |
0 |
| 16 |
Subtotal (hospital and medical) |
4,373,012 |
422,227,759 |
465,918,455 |
919,672,902 |
| 17 |
Net reinsurance recoveries (less) |
0 |
0 |
0 |
0 |
| 18 |
Total hospital and medical (less) |
4,373,012 |
422,227,759 |
465,918,455 |
919,672,902 |
| 19 |
Non-health claims (net) (less) |
0 |
0 |
0 |
0 |
| 20 |
Claims adjustment expenses, including $5879914 cost containment expenses (less) |
0 |
14,164,355 |
17,098,314 |
29,927,039 |
| 21 |
General administrative expenses (less) |
0 |
20,018,592 |
23,375,750 |
42,296,114 |
| 22 |
Increase in reserves for life and accident and
health contracts (including $0 increase in reserves for life only) (less) |
0 |
0 |
0 |
0 |
| 23 |
Total underwriting deductions |
4,373,012 |
456,410,706 |
506,392,519 |
991,896,055 |
| 24 |
Net underwriting gain or (loss) |
|
40,657,693 |
33,000,154 |
84,003,876 |
| 25 |
Net investment income earned |
0 |
6,016,284 |
9,482,012 |
15,648,322 |
| 26 |
Net realized capital gains (losses) less capital gains tax of $-20898 |
0 |
-38,811 |
-879,683 |
1,248,430 |
| 27 |
Net investment gains or (losses) |
0 |
5,977,473 |
8,602,329 |
16,896,752 |
| 28 |
Net gain or (loss) from agents' or premium balances charged off [(amount recovered $0 (amount charged off $0] |
0 |
0 |
0 |
0 |
| 29 |
Aggregate write-ins for other income or expenses |
0 |
0 |
-493 |
0 |
| 30 |
Net income or (loss) after capital gains tax and before all other federal income taxes |
|
46,635,166 |
41,601,990 |
100,900,628 |
| 31 |
Federal and foreign income taxes incurred |
|
16,378,229 |
14,280,974 |
25,182,196 |
| 32 |
Net income (loss) |
|
30,256,937 |
27,321,016 |
75,718,432 |
|
Details of Write-Ins |
| 0699 |
|
|
0 |
0 |
0 |
| 0701 |
Loss on sale of fixed assets |
|
-7,476 |
0 |
-1,570 |
| 0799 |
|
|
-7,476 |
0 |
-1,570 |
| 1499 |
|
0 |
0 |
0 |
0 |
| 2901 |
Miscellaneous Income |
0 |
0 |
-493 |
0 |
| 2999 |
|
0 |
0 |
-493 |
0 | |
2008 STATEMENT OF REVENUE AND EXPENSES (Continued) - 005
52618 - Anthem Health Plans of ME Inc
Quarter 2 |
|
Line |
Current Year to Date |
Prior Year to Date |
Prior Year Ended December 31 |
| 33 |
Capital and surplus prior reporting year |
252,058,578 |
215,295,519 |
215,295,519 |
| 34 |
Net income or (loss) from Line 32 |
30,256,937 |
27,321,016 |
75,718,432 |
| 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 |
106,031 |
102,896 |
350,259 |
| 37 |
Change in net unrealized foreign exchange capital gain or (loss) |
0 |
0 |
0 |
| 38 |
Change in net deferred income tax |
2,582,492 |
-312,281 |
-11,837,823 |
| 39 |
Change in nonadmitted assets |
-3,670,230 |
4,029,413 |
12,932,191 |
| 40 |
Change in unauthorized reinsurance |
0 |
0 |
0 |
| 41 |
Change in treasury stock |
0 |
0 |
0 |
| 42 |
Change in surplus notes |
0 |
0 |
0 |
| 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 |
-75,700,000 |
-40,400,000 |
-40,400,000 |
| 47 |
Aggregate write-ins for gains or (losses) in surplus |
0 |
0 |
0 |
| 48 |
Net change in capital and surplus |
-46,424,770 |
-9,258,956 |
36,763,059 |
| 49 |
Capital and surplus end of reporting period |
205,633,808 |
206,036,563 |
252,058,578 |
|
Details of Write-Ins |
| 4799 |
|
0 |
0 |
0 |
|
Last Updated:
November 18, 2009
|
