Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Schedule of Company's Condensed Consolidated Statement of Comprehensive Income and Cash Flows

The cumulative effect of the changes made to the Company's Consolidated Balance Sheets was as follows:

December 31, 2022	As Reported		Effect of Change		As Adjusted
	(in thousands)
Premium deficiency reserve	$	16,388	$	(9,149)	$	7,239
Total current liabilities	440,656		(9,149)		431,507
Total liabilities	460,882		(9,149)		451,733
Accumulated deficit	(1,955,582)		9,149		(1,946,433)
Total stockholders' equity	347,738		9,149		356,887
Total liabilities and stockholders' equity	$	808,620	$	—	$	808,620

December 31, 2021	As Reported		Effect of Change		As Adjusted
	(in thousands)
Premium deficiency reserve	$	110,628	$	(723)	$	109,905
Total current liabilities	372,624		(723)		371,901
Total liabilities	411,487		(723)		410,764
Accumulated deficit	(1,616,738)		723		(1,616,015)
Total stockholders' equity	539,317		723		540,040
Total liabilities and stockholders' equity	$	950,804	$	—	$	950,804

The effect of the changes made to the Company's audited Consolidated Statements of Comprehensive Loss was as follows:

Twelve Months Ended December 31, 2023	As Reported		As computed excluding anticipated net investment income		Effect of Change
	(in thousands)
Premium deficiency reserve expense (benefit)	$	(7,239)	$	(16,388)	$	9,149
Total operating expenses	2,242,262		2,233,113		9,149
Loss from operations	(208,542)		(199,393)		(9,149)
Net loss	$	(213,361)	$	(204,212)	$	(9,149)
Per share data:
Net loss per share attributable to Class A and B common stockholders - basic and diluted	$	(0.44)	$	(0.42)	$	(0.02)

Twelve Months Ended December 31, 2022	As Reported		Effect of Change		As Adjusted
	(in thousands)
Premium deficiency reserve expense (benefit)	$	(94,240)	$	723	$	(93,517)
Total operating expenses	3,847,611		723		3,848,334
Loss from operations	(370,924)		(723)		(371,647)
Net loss	$	(338,844)	$	(723)	$	(339,567)
Per share data:
Net loss per share attributable to Class A and B common stockholders - basic and diluted	$	(0.71)	$	—	$	(0.71)

There was no impact on the audited Consolidated Statements of Cash Flows.