Medical Liabilities

12 Months Ended

Dec. 31, 2023

Liability for Unpaid Claims and Claims Adjustment Expense, Activity in Liability [Abstract]

Medical Liabilities

Medical Liabilities

The Company’s medical liabilities consisted of the following (in thousands):

	December 31, 2023		December 31, 2022
Medical liabilities, beginning of year	$	81,255	$	55,783
Acquired (see Note 3)	6,157		2,956
Components of medical care costs related to claims incurred:
Current period	866,501		646,679
Prior periods	(13,566)		5,152
Total medical care costs	852,935		651,831
Payments for medical care costs related to claims incurred:
Current period	(759,354)		(559,751)
Prior periods	(76,696)		(67,149)
Total paid	(836,050)		(626,900)
Adjustments	2,360		(2,415)
Medical liabilities, end of year	$	106,657	$	81,255