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Health Care Costs Payable | 3 Months Ended
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Mar. 31, 2022
Health Care and Other Insurance Liabilities [Abstract] |
Health Care Costs Payable | Health Care Costs Payable The following table shows the components of the change in health care costs payable during the three months ended March 31, 2022 and 2021:
| Three Months Ended March 31,
In millions | 2022 |  | 2021
Health care costs payable, beginning of the period | $ | 8,808 |  |  | $ | 7,936 |
Less: Reinsurance recoverables | 8 |  |  | 10 |
Health care costs payable, beginning of the period, net | 8,800 |  |  | 7,926 |
Add: Components of incurred health care costs |  |  |
Current year | 18,536 |  |  | 16,291 |
Prior years | (676) |  |  | (652) |
Total incurred health care costs (1) | 17,860 |  |  | 15,639 |
Less: Claims paid |  |  |
Current year | 10,225 |  |  | 9,538 |
Prior years | 6,183 |  |  | 5,767 |
Total claims paid | 16,408 |  |  | 15,305 |
Add: Premium deficiency reserve | 13 |  |  | 7 |
Other (2) | (13) |  |  | — |
Health care costs payable, end of the period, net | 10,252 |  |  | 8,267 |
Add: Reinsurance recoverables | 8 |  |  | 5 |
Health care costs payable, end of the period | $ | 10,260 |  |  | $ | 8,272 |
_____________________________________________ (1)Total incurred health care costs for the three months ended March 31, 2022 and 2021 in the table above exclude (i) $13 million and $7 million, respectively, for a premium deficiency reserve related to the Company’s Medicaid products, (ii) $19 million and $13 million, respectively, of benefit costs recorded in the Health Care Benefits segment that are included in other insurance liabilities on the unaudited condensed consolidated balance sheets and (iii) $59 million and $45 million, respectively, of benefit costs recorded in the Corporate/Other segment that are included in other insurance liabilities on the unaudited condensed consolidated balance sheets. (2)As a result of the planned divestiture of the Thailand business, the net assets associated with this business were accounted for as assets held for sale and the associated health care costs payable balance is included in accrued expenses on the unaudited condensed consolidated balance sheet at March 31, 2022. The Company’s estimates of prior years’ health care costs payable decreased by $676 million and $652 million, respectively, in the three months ended March 31, 2022 and 2021, because claims were settled for amounts less than originally estimated (i.e., the amount of claims incurred was lower than originally estimated), primarily due to lower health care cost trends as well as the actual claim submission time being faster than originally assumed (i.e., the Company’s completion factors were higher than originally assumed) in estimating health care costs payable at the end of the prior year. At March 31, 2022, the Company’s liabilities for the ultimate cost of (i) services rendered to the Company’s Insured members but not yet reported to the Company and (ii) claims which have been reported to the Company but not yet paid (collectively, “IBNR”) plus expected development on reported claims totaled approximately $7.9 billion. The majority of the Company’s liabilities for IBNR plus expected development on reported claims at March 31, 2022 related to the current year.

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- Definition Health Care and Other Insurance Liabilities [Abstract] + References No definition available. + Details
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- Definition The entire disclosure for insurance products considered to be short-duration contracts because the contract provides insurance protection for a fixed period of short duration and enables the insurer to cancel the contract or to adjust the provisions of the contract at the end of any contract period, such as adjusting the amount of premiums charged or coverage provided, and on contracts on which amounts are paid but insurance risk is not transferred. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -URI http://asc.fasb.org/topic&trid=2303980 + Details
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