Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2016

Discontinued Operations and Disposal Groups [Abstract]

Income and Operating Cash Flows of Discontinued Operations

The net assets related to discontinued operations at September 30, 2016 and December 31, 2015 were as follows:

	September 30,   2016		December 31, 2015
Assets:
Due premiums	$	3,558	$	8,041
Other receivables(1)	237,656		287,765
Deferred acquisition costs	—		17,037
Total assets related to discontinued operations	241,214		312,843
Liabilities:
Unearned and advance premiums	2,750		806
Policy claims and other benefits payable	12,560		12,309
Risk sharing payable	23,837		23,837
Current and deferred income taxes payable	15,876		13,604
Other(2)	7,395		479
Total liabilities related to discontinued operations	62,418		51,035
Net assets	$	178,796	$	261,808

(1) At September 30, 2016, receivables included $228 million from Centers for Medicare and Medicaid Services (CMS) and $9 million from drug manufacturer rebates. At December 31, 2015, the comparable amounts were $193 million and $95 million, respectively.

(2) Balance includes $4.8 million contingent purchase price reserve for the quarter ended September 30, 2016.

Income from discontinued operations for the three and nine months ended September 30, 2016 and 2015 was as follows:

	Three Months Ended   September 30,						Nine Months Ended   September 30,
	2016			2015			2016			2015
Revenue:
Health premium	$	53,632		$	51,605		$	165,105		$	222,780
Benefits and expenses:
Health policyholder benefits	33,331			26,184			146,683			204,283
Amortization of deferred acquisition costs	1,018			880			2,958			2,649
Commissions, premium taxes, and non-deferred acquisition expenses	3,352			5,209			12,253			16,258
Other operating expense	1,222			1,597			4,512			4,235
Total benefits and expenses	38,923			33,870			166,406			227,425
Income (loss) before income taxes for discontinued operations	14,709			17,735			(1,301		)	(4,645		)
Gain from sale of discontinued operations	613			—			613			—
Income tax benefit (expense)	(5,363		)	(6,207		)	241			1,626
Income (loss) from discontinued operations	$	9,959		$	11,528		$	(447	)	$	(3,019	)

Operating cash flows of the discontinued operations for the nine months ended September 30, 2016 and 2015 were as follows:

	Nine Months Ended   September 30,
	2016		2015
Net cash provided from (used for) discontinued operations	$	82,565	$	(119,589	)