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Maine.gov > PFR Home > Insurance Regulation > HMO > Financial Information > Financial Statement - 2009 Quarter 3 > Anthem Revenue

2009 STATEMENT OF REVENUE AND EXPENSES - 004
52618 - Anthem Health Plans of ME Inc
Quarter 3
Line Uncovered Current Year to Date Total Current Year to Date Total Prior Year to Date Total Prior Year Ended December 31
01 Member months   2,390,666 2,510,911 3,363,574
02 Net premium income (including $0 non-health premium income)   753,371,300 757,982,915 1,020,411,223
03 Change in unearned premium reserves and reserve for rate credits   -5,793,096 -12,098,650 -23,121,902
04 Fee-for-service (net of $0 medical expenses)   0 0 0
05 Risk revenue   0 0 0
06 Aggregate write-ins for other health care related revenues   0 0 0
07 Aggregate write-ins for other non-health revenues   -2,268 -8,148 -8,148
08 Total revenues   747,575,936 745,876,117 997,281,173
09 Hospital/medical benefits (hospital and medical) 2,660,799 531,131,477 516,373,510 695,770,711
10 Other professional services (hospital and medical) 25,231 5,036,506 4,684,167 6,251,919
11 Outside referrals (hospital and medical) 0 0 0 0
12 Emergency room and out-of-area (hospital and medical) 119,934 23,940,481 22,317,289 30,031,007
13 Prescription drugs (hospital and medical) 483,457 96,504,455 98,664,244 131,323,376
14 Aggregate write-ins for other hospital and medical (hospital and medical) 0 0 0 0
15 Incentive pool, withhold adjustments and bonus amounts (hospital and medical) 0 0 0 0
16 Subtotal (hospital and medical) 3,289,421 656,612,919 642,039,210 863,377,013
17 Net reinsurance recoveries (less) 0 0 0 0
18 Total hospital and medical (less) 3,289,421 656,612,919 642,039,210 863,377,013
19 Non-health claims (net) (less) 0 0 0 0
20 Claims adjustment expenses, including $9489995 cost containment expenses (less) 0 23,212,210 21,247,326 28,384,143
21 General administrative expenses (less) 0 33,005,697 30,029,010 40,359,726
22 Increase in reserves for life and accident and health contracts (including $0 increase in reserves for life only) (less) 0 12,275,013 0 -20,126
23 Total underwriting deductions 3,289,421 725,105,839 693,315,546 932,100,756
24 Net underwriting gain or (loss)   22,470,097 52,560,571 65,180,417
25 Net investment income earned 0 8,244,817 8,973,533 11,607,267
26 Net realized capital gains (losses) less capital gains tax of $-11270 0 -657,212 -1,249,910 -2,076,216
27 Net investment gains or (losses) 0 7,587,605 7,723,623 9,531,051
28 Net gain or (loss) from agents' or premium balances charged off [(amount recovered $0 (amount charged off $0] 0 0 0 0
29 Aggregate write-ins for other income or expenses 0 0 0 0
30 Net income or (loss) after capital gains tax and before all other federal income taxes   30,057,702 60,284,194 74,711,468
31 Federal and foreign income taxes incurred   9,773,825 22,296,755 26,984,801
32 Net income (loss)   20,283,877 37,987,439 47,726,667
Details of Write-Ins
0699     0 0 0
0701 LOSS ON SALE OF FIXED ASSETS   -2,268 -8,148 -8,148
0799     -2,268 -8,148 -8,148
1499   0 0 0 0
2999   0 0 0 0

 

2009 STATEMENT OF REVENUE AND EXPENSES (Continued) - 005
52618 - Anthem Health Plans of ME Inc
Quarter 3
Line Current Year to Date Prior Year to Date Prior Year Ended December 31
33 Capital and surplus prior reporting year 227,972,562 252,058,578 252,058,578
34 Net income or (loss) from Line 32 20,283,877 37,987,439 47,726,667
35 Change in valuation basis of aggregate policy and claim reserves 0 0 0
36 Change in net unrealized capital gains (losses) less capital gains tax of $-82429 -120,227 38,290 28,890
37 Change in net unrealized foreign exchange capital gain or (loss) 0 0 0
38 Change in net deferred income tax 2,725,258 1,361,493 441,632
39 Change in nonadmitted assets 4,848,674 920,936 3,416,795
40 Change in unauthorized reinsurance 0 0 0
41 Change in treasury stock 0 0 0
42 Change in surplus notes 0 0 0
43 Cumulative effect of changes in accounting principles 0 0 0
44.1 Paid in (capital changes) 0 0 0
44.2 Transferred from surplus (stock dividend) (capital changes) 0 0 0
44.3 Transferred to surplus (capital changes) 0 0 0
45.1 Paid in (surplus adjustments) 0 0 0
45.2 Transferred to capital (stock dividend) (surplus adjustments) 0 0 0
45.3 Transferred from capital (surplus adjustments) 0 0 0
46 Dividends to stockholders -47,700,000 -75,700,000 -75,700,000
47 Aggregate write-ins for gains or (losses) in surplus -724,426 0 0
48 Net change in capital and surplus -20,686,844 -35,391,842 -24,086,016
49 Capital and surplus end of reporting period 207,285,718 216,666,736 227,972,562
Details of Write-Ins
4701 PRIOR PERIOD ADJUSTMENT -724,426 0 0
4799   -724,426 0 0

 

Last Updated: September 27, 2010