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Financials

As of December 31 2015
2014
Assets    
Current assets    
Cash and cash equivalents $  68,287,235
$ 41,958,374
Investments 258,806,641
267,688,191
Receivables 174,884,601
161,479,917
Prepaid expenses 7,184,715
6,274,760
Total current assets $  509,163,192
477,401,242
Property and equipment - net 15,269,790
19,737,162
Restricted investments
71,876,703
60,696,444
Federal program receivable
13,672,637
10,666,089
Total assets $  609,982,322
$  568,500,937
 
Liabilities and Net Assets    
Current liabilities    
Claims payable $  162,269,593
$ 149,744,571
Reserve for claims adjustment expenses 4,309,889
4,275,018
Premium deficiency reserve
7,570,000
19,924,598
Accounts payable and accrued expenses 53,380,146
47,044,404
Physicians' withholding 30,250,598
30,644,267
Premiums received in advance and member credits 11,360,122
16,566,641
Total current liabilities 269,140,348
268,199,499
Deferred rent and lease incentives
6,000,317
6,377,863
Federal program payable
16,159,888
13,594,721
Total liabilities
291,300,533
288,172,083
 Net assets
318,681,769
280,328,854
Total liabilities and net assets $  609,982,322
$  568,500,937