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Supplemental Financial Statement Information (Tables) | 3 Months Ended
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Mar. 31, 2021
Balance Sheet Related Disclosures [Abstract] |
Schedule Of Cash, Cash Equivalents and Restricted Cash | Our cash, cash equivalent and restricted cash balances are summarized as follows (in thousands):
| March 31, 2021 |  | December 31, 2020
Cash | $ | 72,326 |  |  | $ | 39,552 |
Cash equivalents | 19,924 |  |  | 4,207 |
Cash and cash equivalents | 92,250 |  |  | 43,759 |
Restricted cash | 3,354 |  |  | 3,354 |
Total cash, cash equivalents and restricted cash | $ | 95,604 |  |  | $ | 47,113 |
Schedule of Cash, Cash Equivalents and Restricted Cash | Our cash, cash equivalent and restricted cash balances are summarized as follows (in thousands):
| March 31, 2021 |  | December 31, 2020
Cash | $ | 72,326 |  |  | $ | 39,552 |
Cash equivalents | 19,924 |  |  | 4,207 |
Cash and cash equivalents | 92,250 |  |  | 43,759 |
Restricted cash | 3,354 |  |  | 3,354 |
Total cash, cash equivalents and restricted cash | $ | 95,604 |  |  | $ | 47,113 |
Schedule of Change in Allowance for Credit Loss | The change in the allowance for credit losses for the three months ended March 31, 2021 is summarized as follows (in thousands):
| Three Months Ended March 31, 2021 |  |
Beginning balance | $ | 2,026 |  |  |
Change in allowance | (78) |  |  |
Ending balance | $ | 1,948 |  |  |
Schedule of Contract Assets - Commissions Receivable | Our contract assets – commission receivable activities, net of credit loss allowances are summarized as follows (in thousands):
| Three Months Ended March 31, 2021
| Medicare Segment |  | IFP/SMB Segment |  | Total |  |
Beginning balance | $ | 739,637 |  |  | $ | 52,768 |  |  | $ | 792,405 |  |  |
Commission revenue from members approved during the period | 114,678 |  |  | 6,395 |  |  | 121,073 |  |  |
Commission revenue from renewals of small business members during the period (1) | — |  |  | 2,687 |  |  | 2,687 |  |  |
Net commission revenue adjustments from members approved in prior period | 14 |  |  | 3,278 |  |  | 3,292 |  |  |
Cash receipts | (165,520) |  |  | (12,012) |  |  | (177,532) |  |  |
Net change in credit loss allowance | (72) |  |  | (6) |  |  | (78) |  |  |
Ending balance | $ | 688,737 |  |  | $ | 53,110 |  |  | $ | 741,847 |  |  |
| Three Months Ended March 31, 2020
| Medicare Segment |  | IFP/SMB Segment |  | Total
Beginning balance | $ | 550,922 |  |  | $ | 38,300 |  |  | $ | 589,222 |
Commission revenue from members approved during the period | 81,125 |  |  | 5,796 |  |  | 86,921 |
Commission revenue from renewals of small business members during the period (1) | — |  |  | 2,396 |  |  | 2,396 |
Net commission revenue adjustments from members approved in prior period | 8,979 |  |  | 1,373 |  |  | 10,352 |
Cash receipts | (112,731) |  |  | (13,811) |  |  | (126,542) |
Net change in credit loss allowance | (1,574) |  |  | (58) |  |  | (1,632) |
Ending balance | $ | 526,721 |  |  | $ | 33,996 |  |  | $ | 560,717 |
_____________ (1)Commission revenue from renewals of small business members during the period was previously included in net commission revenue from members approved in prior periods. However, starting in the first quarter of 2021, we enhanced our reporting by separately disclosing commission revenue from renewals of small business members during the period in a separate line item.
Schedule of Credit Risk | Carriers that represented 10% or more of our total contract assets and accounts receivable balance are summarized as of the dates presented below:
| March 31, 2021 |  | December 31, 2020
UnitedHealthCare (1) | 21 | % |  | 21 | %
Humana | 21 | % |  | 21 | %
Aetna (1) | 20 | % |  | 20 | %
Centene (1)(2) | 12 | % |  | 11 | %
_____________ (1)Percentages include the carriers' subsidiaries. (2)Centene Corporation acquired WellCare Health Plans, Inc. in 2020, and the contract assets and accounts receivable of WellCare are included in the percentage calculation for March 31, 2021 and December 31, 2020.
Schedule Of Prepaid Expenses And Other Current Assets | Our prepaid expenses and other current assets are summarized as of the periods presented as follows (in thousands):
| March 31, 2021 |  | December 31, 2020
Prepaid maintenance contracts | $ | 6,583 |  |  | $ | 7,715 |
Prepaid expenses | 4,095 |  |  | 6,628 |
Prepaid insurance | 1,031 |  |  | 1,672 |
Others | 616 |  |  | 646 |
Prepaid expenses and other current assets | $ | 12,325 |  |  | $ | 16,661 |

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