POLICY LIABILITIES (Tables)

6 Months Ended

Jun. 30, 2020

Insurance Loss Reserves [Abstract]

Schedule of Liability for Unpaid Claims Adjustment Expense

Changes in the liability for unpaid policy claims were as follows:

	Three Months Ended June 30,							Six Months Ended June 30,
(In millions)		2020			2019				2020			2019
Unpaid supplemental health claims, beginning of period		$	3,983		$	3,967			$	3,968		$	3,952
Less reinsurance recoverables		33			29				31			28
Net balance, beginning of period		3,950			3,938				3,937			3,924
Add claims incurred during the period related to:
Current year		1,736			1,785				3,574			3,610
Prior years		(166		)	(136		)		(302		)	(303		)
Total incurred		1,570			1,649				3,272			3,307
Less claims paid during the period on claims incurred during:
Current year		1,127			1,229				1,681			1,735
Prior years		411			430				1,558			1,568
Total paid		1,538			1,659				3,239			3,303
Effect of foreign exchange rate changes on unpaid claims		22			65				34			65
Net balance, end of period		4,004			3,993				4,004			3,993
Add reinsurance recoverables		37			31				37			31
Unpaid supplemental health claims, end of period		4,041			4,024				4,041			4,024
Unpaid life claims, end of period		732			682				732			682
Total liability for unpaid policy claims		$	4,773		$	4,706			$	4,773		$	4,706