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2012 STATEMENT OF REVENUE AND EXPENSES - 004 HMO Maine, a Line of Business of Anthem Health Plans of Maine, Inc.

  LINE Uncovered Current Year Total Current Year Total Prior Year
01 Member months   970,585 1,137,275
02 Net premium income   332,005,200 328,342,089
03 Change in unearned premium reserves and reserve for rate credits   (20,467,241) (10,617,388)
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   311,537,959 317,724,701
09 Hospital/medical benefits (medical and hospital)   228,046,690 234,981,356
10 Other professional services (medical and hospital)   2,531 7,179
11 Outside referrals (medical and hospital)   0 0
12 Emergency room and out-of-area (medical and hospital)   13,561,441 13,874,674
13 Prescription drugs   42,612,704 39,139,954
14 Aggregate write-ins for other hospital and medical (medical and hospital) 0 0 0
15 Incentive pool, withhold adjustments and bonus amounts (medical and hospital)   0 0
16 Subtotal (medical and hospital) 0 284,223,366 288,003,163
17 Net reinsurance recoveries (less)   0 0
18 Total hospital and medical (less) 0 284,223,366 288,003,163
19 Non-health claims (less)      
20 Claims adjustment expenses, including $2,078,278 cost containment expenses (less)   3,883,077 2,514,657
21 General administrative expenses (less)   7,520,654 6,151,323
22 Increase in reserves for life and accident and health contracts (including $............ increase in reserves for life only)   0 0
23 Total underwriting deductions (Lines 18 through 22) 0 295,627,097 296,669,143
24 Net underwriting gain or (loss)   15,910,862 21,055,558
25 Net investment income earned   3,268,671 3,774,761
26 Net realized capital gains or (losses)   0 0
27 Net investment gains or (losses) 0 3,268,671 3,774,761
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 0 0
30 Net income or (loss) before federal income taxes 0 19,179,533 24,830,319
31 Federal and foreign income taxes incurred   6,712,837 8,690,612
32 Net income (loss)   12,466,696 16,139,707
  Details of Write-Ins      
0699     0 0
0799     0 0
1499

Totals

0 0 0
2999 Totals 0 0 0

 

Last Updated: March 6, 2013