Quarterly report pursuant to Section 13 or 15(d)

Affordable Care Act

v3.22.1
Affordable Care Act
3 Months Ended
Mar. 31, 2022
Affordable Care Act [Abstract]  
Affordable Care Act Affordable Care Act
The Affordable Care Act established risk spreading premium stabilization programs as well as a minimum annual medical loss ratio (MLR) and cost sharing reductions.

The Company's net receivables (payables) for each of the programs are as follows ($ in millions):
March 31, 2022 December 31, 2021
Risk adjustment receivable $ 643  $ 522 
Risk adjustment payable (735) (536)
Minimum medical loss ratio (186) (196)
Cost sharing reduction receivable 27  69 
Cost sharing reduction payable (58) (42)