Humana 2002 Annual Report Download - page 88

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Humana Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Our segment results for the years ended December 31, 2002, 2001, and 2000 were as follows:
Commercial Segment
For the year ended December 31,
2002 2001 2000
(in thousands)
Revenues:
Premiums:
Fully insured:
HMO ............................................. $2,610,926 $2,165,031 $2,226,347
PPO .............................................. 2,888,107 2,776,857 3,037,255
Totalfullyinsured ................................. 5,499,033 4,941,888 5,263,602
Specialty .............................................. 337,295 304,714 291,315
Totalpremiums ....................................... 5,836,328 5,246,602 5,554,917
Administrative services fees ................................. 103,203 84,204 86,298
Investment and other income ................................ 67,947 75,846 75,819
Totalrevenues ........................................ 6,007,478 5,406,652 5,717,034
Operating expenses:
Medical ................................................. 4,871,792 4,358,488 4,643,770
Selling, general and administrative ............................ 1,041,936 936,539 969,681
Depreciation and amortization ............................... 71,243 97,964 93,127
Restructuring charge ....................................... 24,280 — —
Total operating expenses ................................ 6,009,251 5,392,991 5,706,578
(Loss) income from operations ................................. (1,773) 13,661 10,456
Interest expense ............................................. 13,401 15,674 18,410
Lossbeforeincometaxes ..................................... $ (15,174) $ (2,013) $ (7,954)
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