BENEFITS PAYABLE (Tables)

9 Months Ended

Sep. 30, 2017

Insurance [Abstract]

Activity in Benefits Payable

Activity in benefits payable for our Individual Commercial segment was as follows for the nine months ended September 30, 2017 and 2016:

	For the nine months ended September 30,
	2017			2016
	(in millions)
Balances, beginning of period	$	454		$	740
Less: Premium deficiency reserve	—			(176		)
Balances, beginning of period, net	454			564
Incurred related to:
Current year	502			2,694
Prior years	(46		)	(104		)
Total incurred	456			2,590
Paid related to:
Current year	(393		)	(2,273		)
Prior years	(383		)	(430		)
Total paid	(776		)	(2,703		)
Premium deficiency reserve	—			206
Balance, end of period	$	134		$	657

Activity in benefits payable for our Group and Specialty segment, excluding military services, was as follows for the nine months ended September 30, 2017 and 2016:

	For the nine months ended September 30,
	2017			2016
	(in millions)
Balances, beginning of period	$	578		$	616
Incurred related to:
Current year	3,996			3,918
Prior years	(44		)	(42		)
Total incurred	3,952			3,876
Paid related to:
Current year	(3,452		)	(3,337		)
Prior years	(517		)	(557		)
Total paid	(3,969		)	(3,894		)
Balances, end of period	$	561		$	598

Activity in benefits payable for our Retail segment was as follows for the nine months ended September 30, 2017 and 2016:

	For the nine months ended September 30,
	2017			2016
	(in millions)
Balances, beginning of period	$	3,507		$	3,600
Less: Reinsurance recoverables	(76		)	(85		)
Balances, beginning of period, net	3,431			3,515
Incurred related to:
Current year	29,356			28,369
Prior years	(339		)	(378		)
Total incurred	29,017			27,991
Paid related to:
Current year	(25,460		)	(24,822		)
Prior years	(2,822		)	(2,990		)
Total paid	(28,282		)	(27,812		)
Reinsurance recoverable	70			77
Balances, end of period	$	4,236		$	3,771

On a consolidated basis, activity in benefits payable, excluding military services, was as follows for the nine months ended September 30, 2017 and 2016:

	For the nine months ended September 30,
	2017			2016
	(in millions)
Balances, beginning of period	$	4,563		$	4,976
Less: Premium deficiency reserve	—			(176		)
Less: Reinsurance recoverables	(76		)	(85		)
Balances, beginning of period, net	4,487			4,715
Incurred related to:
Current year	33,318			34,340
Prior years	(430		)	(525		)
Total incurred	32,888			33,815
Paid related to:
Current year	(28,741		)	(29,768		)
Prior years	(3,745		)	(3,996		)
Total paid	(32,486		)	(33,764		)
Premium deficiency reserve	—			206
Reinsurance recoverable	70			77
Balances, end of period	$	4,959		$	5,049

Benefit Expenses Excluded From Activity in Benefits Payable

Benefits expense excluded from the previous table was as follows for the nine months ended September 30, 2017 and 2016.

	For the nine months ended September 30,
	2017			2016
	(in millions)
Premium deficiency reserve - Individual Commercial	$	—		$	30
Military services	—			7
Future policy benefits:
Individual Commercial	(67		)	(82		)
Other Businesses	36			36
Total future policy benefits	(31		)	(46		)
Total	$	(31	)	$	(9	)

Schedule Of Benefits Payable

The reconciliation of the net incurred and paid claims development tables to benefits payable in the consolidated

statement of financial position is as follows:

Reconciliation of the Disclosure of Incurred and Paid Claims Development to Benefits Payable, net of reinsurance
	September 30,
	2017
Net outstanding liabilities
Retail	$	4,166
Group and Specialty	561
Individual Commercial	134
Other Businesses	28
Benefits payable, net of reinsurance	4,889
Reinsurance recoverable on unpaid claims
Retail	70
Total reinsurance recoverable on unpaid claims	70
Total benefits payable, gross	$	4,959