General form of registration statement for all companies including face-amount certificate companies

Related Parties (Tables)

v3.21.4
Related Parties (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Related Parties    
Schedule of net advances made and accrued interest expense to related party

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Unaudited

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Nine Months Ended September 30, 

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2021

    

​

2020

Balance at Beginning of Year

​

$

17,307,627

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$

13,535,053

Advanced During Period

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4,350,621

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2,440,816

Interest Accrued During period

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3,197,822

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864,982

Balance at End of Period

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$

24,856,071

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$

16,840,852

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​

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2019

    

2020

Balance at Beginning of Year

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$

5,533,097

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$

14,399,768

Advanced Made During Year

 

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8,001,957

 

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3,167,858

Accrued Interest

 

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864,714

 

​

2,057,465

Balance at End of Year

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$

14,399,768

​

$

19,625,091

Schedule of the Company earns capitation revenue and management fees and pays claims.

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Unaudited

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Unaudited

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Three Months Ended September 30, 

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Nine Months Ended September 30, 

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2021

 

2020

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2021

 

2020

Revenue Earned from Capitation

    

$

35,867,712

    

$

35,281,596

    

$

112,571,916

    

$

105,589,970

Management Fees

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549,472

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557,172

 

 

1,658,944

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1,675,380

Claims Paid

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39,949,769

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35,470,842

 

 

116,863,741

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104,231,320