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2010 STATEMENT OF REVENUE AND EXPENSES - 004
52618 - Anthem Health Plans of ME Inc
Quarter 3

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   2,691,363 2,390,666 3,178,726
02 Net premium income (including $0 non-health premium income)   758,240,160 753,371,300 994,287,903
03 Change in unearned premium reserves and reserve for rate credits   -75,022 -5,793,096 -1,049,801
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   -3,656 -2,268 -3,005
08 Total revenues   758,161,482 747,575,936 993,235,097
09 Hospital/medical benefits (hospital and medical) 2,129,142 522,076,775 531,131,477 717,965,250
10 Other professional services (hospital and medical) 21,757 5,334,992 5,036,506 6,726,269
11 Outside referrals (hospital and medical) 0 0 0 0
12 Emergency room and out-of-area (hospital and medical) 100,596 24,666,628 23,940,481 31,526,757
13 Prescription drugs (hospital and medical) 431,358 105,771,290 96,504,455 130,188,689
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) 2,682,853 657,849,685 656,612,919 886,406,965
17 Net reinsurance recoveries (less) 0 0 0 0
18 Total hospital and medical (less) 2,682,853 657,849,685 656,612,919 886,406,965
19 Non-health claims (net) (less) 0 0 0 0
20 Claims adjustment expenses, including $7694336 cost containment expenses (less) 0 17,729,907 23,212,210 24,406,203
21 General administrative expenses (less) 0 38,677,844 33,005,697 53,242,202
22 Increase in reserves for life and accident and health contracts (including $0 increase in reserves for life only) (less) 0 -6,347,696 12,275,013 6,347,696
23 Total underwriting deductions 2,682,853 707,909,740 725,105,839 970,403,066
24 Net underwriting gain or (loss)   50,251,742 22,470,097 22,832,031
25 Net investment income earned 0 7,485,735 8,244,817 10,268,835
26 Net realized capital gains (losses) less capital gains tax of $93630 0 153,865 -657,212 279,365
27 Net investment gains or (losses) 0 7,639,600 7,587,605 10,548,200
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 66,043 0 74,118
30 Net income or (loss) after capital gains tax and before all other federal income taxes   57,957,385 30,057,702 33,454,349
31 Federal and foreign income taxes incurred   16,503,460 9,773,825 12,672,724
32 Net income (loss)   41,453,925 20,283,877 20,781,625
Details of Write-Ins
0699     0 0 0
0701 LOSS ON SALE OF FIXED ASSETS   -3,656 -2,268 -3,005
0799     -3,656 -2,268 -3,005
1499   0 0 0 0
2901 MISCELLANEOUS INCOME 0 66,043 0 74,118
2999   0 66,043 0 74,118

 

2010 STATEMENT OF REVENUE AND EXPENSES (Continued) - 005
52618 - Anthem Health Plans of ME Inc
Quarter 3

Line Current Year to Date Prior Year to Date Prior Year Ended December 31
33 Capital and surplus prior reporting year 209,506,305 227,972,562 227,972,562
34 Net income or (loss) from Line 32 41,453,925 20,283,877 20,781,625
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 $-46032 -85,488 -120,227 -126,808
37 Change in net unrealized foreign exchange capital gain or (loss) 0 0 0
38 Change in net deferred income tax -614,078 2,725,258 7,129,106
39 Change in nonadmitted assets -7,748,306 4,848,674 2,065,582
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 0 -47,700,000 -47,700,000
47 Aggregate write-ins for gains or (losses) in surplus 0 -724,426 -615,762
48 Net change in capital and surplus 33,006,053 -20,686,844 -18,466,257
49 Capital and surplus end of reporting period 242,512,358 207,285,718 209,506,305
Details of Write-Ins
4701 PRIOR PERIOD ADJUSTMENT 0 -724,426 -615,762
4799   0 -724,426 -615,762

 

Last Updated: September 27, 2010