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2011 STATEMENT OF REVENUE AND EXPENSES - 004
52618 - Anthem Hlth Plans of ME Inc
Quarter 1

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   926,511 783,417 3,601,041
02 Net premium income (including $0 non-health premium income)   254,803,062 254,644,820 1,029,852,818
03 Change in unearned premium reserves and reserve for rate credits   1,588,581 1,180,245 -19,851,653
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   0 -3,656 -3,656
08 Total revenues   256,391,643 255,821,409 1,009,997,509
09 Hospital/medical benefits (hospital and medical) 630,939 174,299,696 177,677,251 701,857,260
10 Other professional services (hospital and medical) 6,209 1,715,240 1,736,116 7,078,054
11 Outside referrals (hospital and medical) 0 0 0 0
12 Emergency room and out-of-area (hospital and medical) 29,234 8,075,962 7,907,167 32,703,648
13 Prescription drugs (hospital and medical) 112,144 30,980,327 33,608,715 139,173,673
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) 778,526 215,071,225 220,929,249 880,812,635
17 Net reinsurance recoveries (less) 0 0 0 0
18 Total hospital and medical (less) 778,526 215,071,225 220,929,249 880,812,635
19 Non-health claims (net) (less) 0 0 0 0
20 Claims adjustment expenses, including $3383703 cost containment expenses (less) 0 6,607,793 6,377,775 27,222,671
21 General administrative expenses (less) 0 11,914,252 13,912,691 49,084,125
22 Increase in reserves for life and accident and health contracts (including $0 increase in reserves for life only) (less) 0 0 573,403 -6,347,696
23 Total underwriting deductions 778,526 233,593,270 241,793,118 950,771,735
24 Net underwriting gain or (loss)   22,798,373 14,028,291 59,225,774
25 Net investment income earned 0 2,470,789 2,512,015 10,063,633
26 Net realized capital gains (losses) less capital gains tax of $2502 0 3,154 7,891 175,888
27 Net investment gains or (losses) 0 2,473,943 2,519,906 10,239,521
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 0 102 16,294 83,122
30 Net income or (loss) after capital gains tax and before all other federal income taxes   25,272,418 16,564,491 69,548,417
31 Federal and foreign income taxes incurred   7,746,403 5,602,274 20,746,180
32 Net income (loss)   17,526,015 10,962,217 48,802,237
Details of Write-Ins
0699     0 0 0
0701 LOSS ON SALE OF FIXED ASSETS   0 -3,656 -3,656
0799     0 -3,656 -3,656
1499   0 0 0 0
2901 MISCELLANEOUS INCOME 0 102 16,294 83,122
2999   0 102 16,294 83,122

 

2011 STATEMENT OF REVENUE AND EXPENSES (Continued) - 005
52618 - Anthem Hlth Plans of ME Inc
Quarter 1

Line Current Year to Date Prior Year to Date Prior Year Ended December 31
33 Capital and surplus prior reporting year 229,181,437 209,506,305 209,506,305
34 Net income or (loss) from Line 32 17,526,015 10,962,217 48,802,237
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 $-914 -1,684 26,444 -78,505
37 Change in net unrealized foreign exchange capital gain or (loss) 0 0 0
38 Change in net deferred income tax -569,655 824,577 -37,140
39 Change in nonadmitted assets -518,901 -1,369,691 -8,111,460
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 0 -20,900,000
47 Aggregate write-ins for gains or (losses) in surplus 0 0 0
48 Net change in capital and surplus 16,435,775 10,443,547 19,675,132
49 Capital and surplus end of reporting period 245,617,212 219,949,852 229,181,437
Details of Write-Ins
4701   0 0 0
4799   0 0 0

 

Last Updated: September 27, 2010