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Maine.gov > PFR Home > Insurance Regulation > HMO > Financial Information > Financial Statement - 2005 Annual Report

 

2005 STATEMENT OF REVENUE AND EXPENSES - 004 95517 - Aetna Health Inc ME Corp

  Line Uncovered Current Year Total Current Year Total Prior Year
01 Member months   550,081 566,630
02 Net premium income (including $0 non-health premium income)   174,723,291 172,588,439
03 Change in unearned premium reserves and reserve for rate credits   51,863 0
04 Fee-for-service (net of $0 medical expenses)   0 0
05 Risk revenue   0 0
06 Aggregate write-ins for other health care related revenues   0 0
07 Aggregate write-ins for other non-health revenues   0 0
08 Total revenues   174,775,154 172,588,439
09 Hospital/medical benefits (hospital and medical) 1,362,216 106,846,820 114,646,028
10 Other professional services (hospital and medical) 0 0 0
11 Outside referrals (hospital and medical) 1,801,306 1,801,306 2,579,849
12 Emergency room and out-of-area (hospital and medical) 197,256 6,575,208 5,814,901
13 Prescription drugs (hospital and medical) 0 16,148,651 17,498,938
14 Aggregate write-ins for other hospital and medical (hospital and medical) 0 0 0
15 Incentive pool, withhold adjustments and bonus amounts (hospital and medical) 0 0 0
16 Subtotal (hospital and medical) 3,360,778 131,371,985 140,539,716
17 Net reinsurance recoveries (less) 0 81,196 0
18 Total hospital and medical (less) 3,360,778 131,290,789 140,539,716
19 Non-health claims (net) (less) 0 0 0
20 Claims adjustment expenses, including $984414 cost containment expenses (less) 0 3,021,556 3,794,572
21 General administrative expenses (less) 0 20,639,514 19,385,548
22 Increase in reserves for life and accident and health contracts (including $0 increase in reserves for life only) (less) 0 100,000 0
23 Total underwriting deductions 3,360,778 155,051,859 163,719,836
24 Net underwriting gain or (loss)   19,723,295 8,868,603
25 Net investment income earned 0 1,574,804 1,832,213
26 Net realized capital gains or (losses) less capital gains tax of $-12240 0 -22,733 66,662
27 Net investment gains or (losses) 0 1,552,071 1,898,875
28 Net gain or (loss) from agents' or premium balances charged off [(amount recovered $0 (amount charged off $0] 0 0 0
29 Aggregate write-ins for other income or expenses 0 0 0
30 Net income or (loss), after capital gains tax and before all other federal income taxes   21,275,366 10,767,478
31 Federal and foreign income taxes incurred   6,757,086 2,853,529
32 Net income (loss)   14,518,280 7,913,949
  Details of Write-Ins      
0699     0 0
0799     0 0
1499   0 0 0
2999   0 0 0

2005 STATEMENT OF REVENUE AND EXPENSES (Continued) - 005
95517 - Aetna Health Inc ME Corp
  Line Current Year Prior Year
33 Capital and surplus prior reporting year 18,621,685 32,670,528
34 Net income or (loss) from Line 32 14,518,280 7,913,949
35 Change in valuation basis of aggregate policy and claim reserves 0 0
36 Change in net unrealized capital gains (losses) less capital gains tax of $0 0 0
37 Change in net unrealized foreign exchange capital gain or (loss) 0 0
38 Change in net deferred income tax -722,913 -778,385
39 Change in nonadmitted assets 758,141 515,593
40 Change in unauthorized reinsurance 0 0
41 Change in treasury stock 0 0
42 Change in surplus notes 0 0
43 Cumulative effect of changes in accounting principles 0 0
44.1 Paid in (capital changes) 0 0
44.2 Transferred from surplus (stock dividend) (capital changes) 0 0
44.3 Transferred to surplus (capital changes) 0 0
45.1 Paid in (surplus adjustments) -12,100,000 -21,700,000
45.2 Transferred to capital (stock dividend) (surplus adjustments) 0 0
45.3 Transferred from capital (surplus adjustments) 0 0
46 Dividends to stockholders 0 0
47 Aggregate write-ins for gains or (losses) in surplus 0 0
48 Net change in capital and surplus 2,453,508 -14,048,843
49 Capital and surplus end of reporting year 21,075,193 18,621,685
  Details of Write-Ins      
4799   0 0

 

Last Updated: February 10, 2012