v3.26.1
BENEFITS PAYABLE (Tables)
 6 Months Ended
Jun. 30, 2026
Insurance [Abstract]  
Schedule of Liability for Unpaid Claims and Claims Adjustment Expense
The following table provides a rollforward of the Company’s beginning and ending benefits payable and claims adjustment expenses (“CAE”) payable balances for the six months ended June 30, 2026 and 2025:

Six Months Ended June 30, 2026Six Months Ended June 30, 2025
(in thousands)Benefits PayableUnallocated Claims
Adjustment Expense		TotalBenefits PayableUnallocated Claims
Adjustment Expense		Total
Benefits payable, beginning of the period$1,455,385 $19,310 $1,474,695 $1,356,730 $18,241 $1,374,971 
Less: Reinsurance recoverable26,541 — 26,541 58,635 — 58,635 
Benefits payable, beginning of the period, net$1,428,844 $19,310 $1,448,154 $1,298,095 $18,241 $1,316,336 
Claims incurred and CAE
Current year$7,218,666 $47,395 $7,266,061 $4,976,210 $40,907 $5,017,117 
Prior years(194,364)— (194,364)(163,586)— (163,586)
Total claims incurred and CAE, net$7,024,302 $47,395 $7,071,697 $4,812,624 $40,907 $4,853,531 
Claims paid and CAE
Current year$5,804,333 $28,363 $5,832,696 $3,826,761 $25,697 $3,852,458 
Prior years812,431 13,610 826,041 751,873 12,907 764,780 
Total claims and CAE paid, net$6,616,764 $41,973 $6,658,737 $4,578,634 $38,604 $4,617,238 
Benefits and CAE payable, end of period, net$1,836,382 $24,732 $1,861,114 $1,532,085 $20,544 $1,552,629 
Add: Reinsurance recoverable62,053 — 62,053 19,547 — 19,547 
Benefits and CAE payable, end of period$1,898,435 $24,732 $1,923,167 $1,551,632 $20,544 $1,572,176