XML 38 R28.htm IDEA: XBRL DOCUMENT v3.23.2
MEDICAL COSTS PAYABLE (Tables)
6 Months Ended
Jun. 30, 2023
Insurance [Abstract]  
Schedule of Liability for Unpaid Claims and Claims Adjustment Expense
The following table shows the components of the change in medical costs payable for the six months ended June 30 (in thousands):

June 30,
20232022
Medical costs payable - January 1$116,021 $6,764 
Incurred related to:
Current year504,307 312,339 
Prior year1,029 (2,089)
Total incurred505,336 310,250 
Paid related to:
Current year347,629 210,452 
Prior year93,873 4,547 
Total paid441,502 214,999 
Medical costs payable - June 30$179,855 $102,015 
The table below details the components making up the medical costs payable as of June 30 (in thousands):

June 30,
20232022
Provider incentive payable$27,884 $— 
Incurred but not reported (IBNR)151,971 102,015 
Total medical costs payable$179,855 $102,015 
The table below details the components making up the medical costs payable within current liabilities of discontinued operations (in thousands):
Bright HealthCare - CommercialBright HealthCare
June 30, 2023December 31, 2022June 30, 2023December 31, 2022
Claims unpaid
$49,474 $60,856 $41,236 $41,188 
Provider incentive payable
1,454 310 31,424 40,908 
Claims adjustment expense liability
6,993 46,490 4,981 6,732 
Incurred but not reported (IBNR)
40,562 583,564 173,628 201,468 
Total medical costs payable of discontinued operations
$98,483 $691,220 $251,269 $290,296 
The following table shows the components of the change in medical costs payable for the six months ended June 30 (in thousands):

Bright Health Care
20232022
Medical costs payable - January 1$290,296 $240,854 
Incurred related to:
Current year810,631 747,953 
Prior year16,058 8,662 
Total incurred826,689 756,615 
Paid related to:
Current year602,338 523,662 
Prior year263,378 206,329 
Total paid865,716 729,991 
Medical costs payable - June 30$251,269 $267,478