POLICY LIABILITIES (Tables)

9 Months Ended

Sep. 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 September 30,					Nine Months Ended September 30,
(In millions)		2020		2019			2020		2019
Unpaid supplemental health claims, beginning of period		$	4,041	$	4,024		$	3,968	$	3,952
Less reinsurance recoverables		37		31			31		28
Net balance, beginning of period		4,004		3,993			3,937		3,924
Add claims incurred during the period related to:
Current year		1,780		1,806			5,354		5,415
Prior years		(105)		(134)			(408)		(437)
Total incurred		1,675		1,672			4,946		4,978
Less claims paid during the period on claims incurred during:
Current year		1,295		1,421			2,971		3,150
Prior years		249		220			1,811		1,794
Total paid		1,544		1,641			4,782		4,944
Effect of foreign exchange rate changes on unpaid claims		42		(3)			76		63
Net balance, end of period		4,177		4,021			4,177		4,021
Add reinsurance recoverables		40		31			40		31
Unpaid supplemental health claims, end of period		4,217		4,052			4,217		4,052
Unpaid life claims, end of period		759		689			759		689
Total liability for unpaid policy claims		$	4,976	$	4,741		$	4,976	$	4,741