BENEFITS PAYABLE (Tables)

9 Months Ended

Sep. 30, 2021

On a consolidated basis, activity in benefits payable was as follows for the nine months ended September 30, 2021 and 2020:


	For the nine months ended September 30,
		2021		2020
	(in millions)
Balances, beginning of period		$	8,143	$	6,004

Less: Reinsurance recoverables		—		(68)
Balances, beginning of period, net		8,143		5,936
Acquisitions		42		—
Incurred related to:
Current year		52,529		45,693
Prior years		(768)		(278)
Total incurred		51,761		45,415
Paid related to:
Current year		(44,370)		(37,810)
Prior years		(6,818)		(5,334)
Total paid		(51,188)		(43,144)

Reinsurance recoverable		—		1
Balances, end of period		$	8,758	$	8,208

Activity in benefits payable for our Retail segment was as follows for the nine months ended September 30, 2021 and 2020:


	For the nine months ended September 30,
		2021		2020
	(in millions)
Balances, beginning of period		$	7,428	$	5,363

Less: Reinsurance recoverables		—		(68)
Balances, beginning of period, net		7,428		5,295
Acquisitions		42		—
Incurred related to:
Current year		49,247		42,186
Prior years		(673)		(235)
Total incurred		48,574		41,951
Paid related to:
Current year		(41,721)		(34,946)
Prior years		(6,216)		(4,759)
Total paid		(47,937)		(39,705)

Reinsurance recoverable		—		1
Balances, end of period		$	8,107	$	7,542

Activity in benefits payable for our Group and Specialty segment was as follows for the nine months ended September 30, 2021 and 2020:


	For the nine months ended September 30,
		2021		2020
	(in millions)
Balances, beginning of period		$	715	$	641




Incurred related to:
Current year		3,769		3,929
Prior years		(95)		(43)
Total incurred		3,674		3,886
Paid related to:
Current year		(3,136)		(3,286)
Prior years		(602)		(575)
Total paid		(3,738)		(3,861)


Balances, end of period		$	651	$	666