POLICY LIABILITIES (Tables)

6 Months Ended

Jun. 30, 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 June 30,					Six Months Ended June 30,
(In millions)		2021		2020			2021		2020
Unpaid supplemental health claims, beginning of period		$	4,192	$	3,983		$	4,389	$	3,968
Less reinsurance recoverables		37		33			39		31
Net balance, beginning of period		4,155		3,950			4,350		3,937
Add claims incurred during the period related to:
Current year		1,710		1,736			3,570		3,574
Prior years		(198)		(166)			(518)		(302)
Total incurred		1,512		1,570			3,052		3,272
Less claims paid during the period on claims incurred during:
Current year		1,139		1,127			1,657		1,681
Prior years		407		411			1,461		1,558
Total paid		1,546		1,538			3,118		3,239
Effect of foreign exchange rate changes on unpaid claims		4		22			(159)		34
Net balance, end of period		4,125		4,004			4,125		4,004
Add reinsurance recoverables		37		37			37		37
Unpaid supplemental health claims, end of period		4,162		4,041			4,162		4,041
Unpaid life claims, end of period		759		732			759		732
Total liability for unpaid policy claims		$	4,921	$	4,773		$	4,921	$	4,773