POLICY LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2021

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 March 31,
(In millions)		2021		2020
Unpaid supplemental health claims, beginning of period		$	4,389	$	3,968
Less reinsurance recoverables		39		31
Net balance, beginning of period		4,350		3,937
Add claims incurred during the period related to:
Current year		1,859		1,837
Prior years		(320)		(136)
Total incurred		1,539		1,701
Less claims paid during the period on claims incurred during:
Current year		511		556
Prior years		1,061		1,144
Total paid		1,572		1,700
Effect of foreign exchange rate changes on unpaid claims		(162)		12
Net balance, end of period		4,155		3,950
Add reinsurance recoverables		37		33
Unpaid supplemental health claims, end of period		4,192		3,983
Unpaid life claims, end of period		756		710
Total liability for unpaid policy claims		$	4,948	$	4,693