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Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2017
Accounting Policies [Abstract]  
Receivables (payables) for 3R programs
We record receivables or payables related to the 3R programs and the Minimum MLR when the amounts are reasonably estimable as described below, and, for receivables, when collection is reasonably assured. Our receivables (payables) for each of these programs, as of the dates indicated, were as follows:
 
March 31, 2017
 
December 31,
2016
 
Current Benefit Year
 
Prior Benefit Years
 
Total
 
 
 
 
 
 
 
 
 
 
(In millions)
Risk adjustment
$
(247
)
 
$
(522
)
 
$
(769
)
 
$
(522
)
Reinsurance

 
58

 
58

 
55

Risk corridor

 
(5
)
 
(5
)
 
(1
)
Minimum MLR
(37
)
 
(3
)
 
(40
)
 
(1
)
Quality incentive premium revenue recognized
The following table quantifies the quality incentive premium revenue recognized for the periods presented, including the amounts earned in the periods presented and prior periods. Although the reasonably possible effects of a change in estimate related to quality incentive premium revenue as of March 31, 2017 are not known, we have no reason to believe that the adjustments to prior years noted below are not indicative of the potential future changes in our estimates as of March 31, 2017.
 
Three Months Ended March 31,
 
2017
 
2016
 
(In millions)
Maximum available quality incentive premium - current period
$
38

 
$
40

Amount of quality incentive premium revenue recognized in current period:
 
 
 
Earned current period
$
19

 
$
18

Earned prior periods
5

 
5

Total
$
24

 
$
23

 
 
 
 
Quality incentive premium revenue recognized as a percentage of total premium revenue
0.5
%
 
0.6
%