Medical Expenses Payable (Tables)

6 Months Ended

Jun. 30, 2026

The following table is a detail of medical expenses payable as of June 30, 2026 and December 31, 2025:


	June 30, 2026		December 31, 2025
Claims incurred but not paid	$	269,790	$	297,368
Capitation and risk-sharing payable	111,696		85,083
Other	231,262		92,118
Medical expenses payable	$	612,748	$	474,569

The following table presents components of the change in medical expenses payable as of June 30, 2026 and 2025:


	June 30, 2026		June 30, 2025
Claims incurred but not paid - beginning balance	$	297,368	$	168,357
Incurred related to:
Current year	796,057		559,320
Prior years	(17,759)		(21,066)
Total incurred, net of reinsurance	778,298		538,254
Payments related to:
Current year	560,499		368,014
Prior years	245,377		127,134
Total payments, net of reinsurance	805,876		495,148
Claims incurred but not paid - ending balance	269,790		211,463
Capitation payable, risk-sharing payable, and other	342,958		243,691
Total medical expenses payable	$	612,748	$	455,154