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2012 STATEMENT OF REVENUE AND EXPENSES - 004
52618 - Anthem Hlth Plans of ME Inc

OLTPPROD Copyright 2013 National Association of Insurance Commissioners. All rights reserved. 03/06/2013
Line Uncovered Current Year Total Current Year Total Prior Year
01 Member months   4,161,407 4,178,537
02 Net premium income (including $0 non-health premium income)   1,029,076,060 1,032,775,835
03 Change in unearned premium reserves and reserve for rate credits   -9,838,264 -7,339,164
04 Fee-for-service (net of $0 medical expenses)   0 0
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   1,019,237,796 1,025,436,671
09 Hospital/medical benefits (hospital and medical) 3,031,684 706,579,443 710,049,674
10 Other professional services (hospital and medical) 33,797 7,877,003 7,374,255
11 Outside referrals (hospital and medical) 0 0 0
12 Emergency room and out-of-area (hospital and medical) 144,765 33,739,624 33,396,311
13 Prescription drugs (hospital and medical) 649,524 151,381,366 142,680,489
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 0 0
16 Subtotal (hospital and medical) 3,859,770 899,577,436 893,500,729
17 Net reinsurance recoveries (less) 0 14,193,815 0
18 Total hospital and medical (less) 3,859,770 885,383,621 893,500,729
19 Non-health claims (net) (less) 0 0 0
20 Claims adjustment expenses, including $15462414 cost containment expenses (less) 0 28,890,134 22,304,283
21 General administrative expenses (less) 0 55,953,745 54,560,469
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 3,859,770 970,227,500 970,365,481
24 Net underwriting gain or (loss)   49,010,296 55,071,190
25 Net investment income earned 0 10,068,502 9,872,954
26 Net realized capital gains or (losses) less capital gains tax of $764540 0 1,414,230 397,396
27 Net investment gains or (losses) 0 11,482,732 10,270,350
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 0 526,949 87,884
30 Net income or (loss), after capital gains tax and before all other federal income taxes   61,019,977 65,429,424
31 Federal and foreign income taxes incurred   21,105,097 20,457,877
32 Net income (loss)   39,914,880 44,971,547
Details of Write-Ins
0699     0 0
0799     0 0
1499   0 0 0
2901 MISCELLANEOUS INCOME 0 526,949 87,884
2999   0 526,949 87,884

 

2012 STATEMENT OF REVENUE AND EXPENSES (Continued) - 005
52618 - Anthem Hlth Plans of ME Inc

OLTPPROD Copyright 2013 National Association of Insurance Commissioners. All rights reserved. 03/06/2013
Line Current Year Prior Year
33 Capital and surplus prior reporting year 224,642,795 229,181,437
34 Net income or (loss) from Line 32 39,914,880 44,971,547
35 Change in valuation basis of aggregate policy and claim reserves 0 0
36 Change in net unrealized capital gains (losses) less capital gains tax of $4122 7,655 -5,616
37 Change in net unrealized foreign exchange capital gain or (loss) 0 0
38 Change in net deferred income tax 10,417,468 -2,077,892
39 Change in nonadmitted assets -27,369,490 1,996,820
40 Change in unauthorized and certified reinsurance 0 0
41 Change in treasury stock 0 0
42 Change in surplus notes 0 0
43 Cumulative effect of changes in accounting principles 5,176,069 0
44.1 Paid in (capital changes) 0 0
44.2 Transferred from surplus (stock dividend) (capital changes) 0 0
44.3 Transferred to surplus (capital changes) 0 0
45.1 Paid in (surplus adjustments) 0 0
45.2 Transferred to capital (stock dividend) (surplus adjustments) 0 0
45.3 Transferred from capital (surplus adjustments) 0 0
46 Dividends to stockholders -110,000,000 -48,800,000
47 Aggregate write-ins for gains or (losses) in surplus 0 -623,501
48 Net change in capital and surplus -81,853,418 -4,538,642
49 Capital and surplus end of reporting year 142,789,377 224,642,795
Details of Write-Ins
4701 PRIOR PERIOD ADJUSTMENT 0 -623,501
4799   0 -623,501

 

Last Updated: March 6, 2013