Skip Maine state header navigation

Agencies | Online Services | Help

Skip All Navigation

2012 STATEMENT OF REVENUE AND EXPENSES - 004
12151 - Arcadian Hlth Plan 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   510,986 500,520
02 Net premium income (including $0 non-health premium income)   399,766,688 406,022,923
03 Change in unearned premium reserves and reserve for rate credits   0 0
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   399,766,688 406,022,923
09 Hospital/medical benefits (hospital and medical) 23,690,870 248,644,975 186,801,652
10 Other professional services (hospital and medical) 0 23,864,453 66,510,826
11 Outside referrals (hospital and medical) 9,955,668 9,955,668 42,287,258
12 Emergency room and out-of-area (hospital and medical) 4,792,608 20,266,038 14,733,732
13 Prescription drugs (hospital and medical) 0 28,590,214 32,361,773
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) 0 312,418 536,374
16 Subtotal (hospital and medical) 38,439,146 331,633,766 343,231,615
17 Net reinsurance recoveries (less) 0 570,467 1,823,869
18 Total hospital and medical (less) 38,439,146 331,063,299 341,407,746
19 Non-health claims (net) (less) 0 0 0
20 Claims adjustment expenses, including $1619675 cost containment expenses (less) 0 4,888,317 15,778,754
21 General administrative expenses (less) 0 66,824,351 57,073,178
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 38,439,146 402,775,967 414,259,678
24 Net underwriting gain or (loss)   -3,009,279 -8,236,755
25 Net investment income earned 0 1,426,035 4,256,065
26 Net realized capital gains or (losses) less capital gains tax of $86190 0 168,385 -124
27 Net investment gains or (losses) 0 1,594,420 4,255,941
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 89,611 0
30 Net income or (loss), after capital gains tax and before all other federal income taxes   -1,325,248 -3,980,814
31 Federal and foreign income taxes incurred   -1,668,231 -1,643,568
32 Net income (loss)   342,983 -2,337,246
Details of Write-Ins
0601     0 0
0602     0 0
0603     0 0
0699     0 0
0701     0 0
0702     0 0
0703     0 0
0799     0 0
1401   0 0 0
1499   0 0 0
2901 Miscellaneous Income 0 89,611 0
2902   0 0 0
2903   0 0 0
2999   0 89,611 0

 

2012 STATEMENT OF REVENUE AND EXPENSES (Continued) - 005
12151 - Arcadian Hlth Plan 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 38,457,653 44,732,871
34 Net income or (loss) from Line 32 342,983 -2,337,246
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 $408227 758,136 -3,776,378
37 Change in net unrealized foreign exchange capital gain or (loss) 0 0
38 Change in net deferred income tax 2,404,368 136,862
39 Change in nonadmitted assets -1,701,467 -384,113
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 0 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) 34,000,000 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 0 0
47 Aggregate write-ins for gains or (losses) in surplus -604,993 85,657
48 Net change in capital and surplus 35,199,027 -6,275,218
49 Capital and surplus end of reporting year 73,656,680 38,457,653
Details of Write-Ins
4701 Prior Period Adjustments 809,516 85,657
4702 Prior Period Tax Correction -1,414,509 0
4799   -604,993 85,657

 

Last Updated: March 6, 2013