Health Net 2007 Annual Report Download - page 146
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Please find page 146 of the 2007 Health Net annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.HEALTH NET, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Presented below are segment data for the three years ended December 31.
2007
Health Plan
Services
Government
Contracts Eliminations Total
(Dollars in millions)
Revenues from external sources ........................ $11,435.3 $2,501.7 $— $13,937.0
Intersegment revenues ............................... 9.6 — (9.6) —
Net investment income ............................... 120.2 — — 120.2
Administrative services fees and other income ............ 51.1 — — 51.1
Interest expense .................................... 32.5 — — 32.5
Depreciation and amortization ......................... 43.0 — — 43.0
Share-based compensation expense ..................... 22.7 1.6 — 24.3
Segment pretax income .............................. $ 164.8 $ 194.1 $— $ 358.9
2006
Health Plan
Services
Government
Contracts Eliminations Total
(Dollars in millions)
Revenues from external sources ........................ $10,364.7 $2,376.0 $ — $12,740.7
Intersegment revenues ............................... 10.1 — (10.1) —
Net investment income ............................... 111.0 — — 111.0
Administrative services fees and other income ............ 56.6 — — 56.6
Interest expense .................................... 51.2 — — 51.2
Depreciation and amortization ......................... 25.6 — — 25.6
Share-based compensation expense ..................... 18.0 2.1 — 20.1
Segment pretax income .............................. $ 444.5 $ 141.5 $ — $ 586.0
2005
Health Plan
Services
Government
Contracts Eliminations Total
(Dollars in millions)
Revenues from external sources ........................ $9,506.9 $2,307.5 $— $11,814.4
Intersegment revenues ............................... 8.6 — (8.6) —
Net investment income ............................... 72.8 — — 72.8
Administrative services fees and other income ............ 53.4 — — 53.4
Interest expense .................................... 44.6 — — 44.6
Depreciation and amortization ......................... 33.7 — — 33.7
Segment pretax income .............................. $ 363.4 $ 96.2 $— $ 459.6
Our health plan services premium revenue by line of business is as follows:
Year Ended December 31,
2007 2006 2005
(Dollars in millions)
Commercial premium revenue ..................................... $ 7,468.0 $ 6,903.5 $6,797.3
Medicare Risk premium revenue ................................... 2,778.9 2,304.4 1,574.1
Medicaid premium revenue ........................................ 1,188.4 1,156.8 1,135.5
Total Health Plan Services premiums ............................ $11,435.3 $10,364.7 $9,506.9
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