POLICY LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2022

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)		2022		2021			2022		2021
Unpaid supplemental health claims, beginning of period		$	3,779	$	4,162		$	4,067	$	4,389
Less reinsurance recoverables		38		37			37		39
Net balance, beginning of period		3,741		4,125			4,030		4,350
Add claims incurred during the period related to:
Current year		1,689		1,720			5,007		5,302
Prior years		(151)		(215)			(512)		(739)
Total incurred		1,538		1,505			4,495		4,563
Less claims paid during the period on claims incurred during:
Current year		1,148		1,279			2,703		2,947
Prior years		214		219			1,554		1,676
Total paid		1,362		1,498			4,257		4,623
Effect of foreign exchange rate changes on unpaid claims		(105)		(29)			(456)		(187)
Net balance, end of period		3,812		4,103			3,812		4,103
Add reinsurance recoverables		50		39			50		39
Unpaid supplemental health claims, end of period		3,862		4,142			3,862		4,142
Unpaid life claims, end of period		654		767			654		767
Total liability for unpaid policy claims		$	4,516	$	4,909		$	4,516	$	4,909