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Affordable Care Act (Tables) | 6 Months Ended
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Jun. 30, 2020
Affordable Care Act [Abstract] |
Schedule of net receivables (payables) related to the Affordable Care Act Programs | . The Company's net receivables (payables) for each of the programs are as follows ($ in millions):
| June 30, 2020 |  | December 31, 2019
Risk adjustment receivable | $ | 410 |  |  | $ | 245 |
Risk adjustment payable | (1,918 | ) |  | (1,239 | )
Minimum medical loss ratio | (488 | ) |  | (367 | )
Cost sharing reduction receivable | 99 |  |  | 73 |
Cost sharing reduction payable | (1 | ) |  | (1 | )
In July 2020, the Centers for Medicare and Medicaid Services (CMS) announced the final risk adjustment transfers for the 2019 benefit year. As a result of the announcement, the Company reduced its risk adjustment net payables by $94 million from December 31, 2019. After consideration of minimum MLR, estimated Risk Adjustment Data Validation (RADV) audit results, and other related impacts, the net pre-tax benefit recognized was approximately $63 million for the six months ended June 30, 2020. Final RADV results are expected to be announced by CMS in August 2020.

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- Definition Affordable Care Act [Abstract] + References No definition available. + Details
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- Definition Schedule of Receivables (Payables) Related to the Affordable Care Act Programs + References No definition available. + Details
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