*83470200820100100* ANNUAL STATEMENT for the Year Ended December 31, of the Condition and Affairs of the Arkansas Blue Cross and Form

Understanding the 83470200820100100 Annual Statement

The 83470200820100100 Annual Statement is a comprehensive document that outlines the financial condition and operational affairs of the Arkansas Blue Cross and Blue Shield, a mutual insurance company. This statement is essential for stakeholders, including policyholders, regulators, and potential investors, as it provides insights into the company's financial health, including assets, liabilities, and overall performance for the year ended December 31. It adheres to the guidelines set forth by the National Association of Insurance Commissioners (NAIC), ensuring transparency and accountability in reporting.

How to Use the 83470200820100100 Annual Statement

This annual statement serves multiple purposes for various stakeholders. Policyholders can review the document to understand the company's financial stability and its ability to meet claims. Investors may analyze the statement to assess potential risks and rewards associated with their investments. Regulators utilize this information to ensure compliance with state insurance laws and to monitor the financial health of the insurance market. Familiarizing oneself with the key sections of the statement, such as the balance sheet and income statement, is crucial for effective utilization.

Obtaining the 83470200820100100 Annual Statement

To obtain the 83470200820100100 Annual Statement, interested parties can visit the official website of Arkansas Blue Cross and Blue Shield or contact their customer service. The statement is typically available in digital format, allowing for easy access and review. Additionally, regulatory bodies may provide access to these statements as part of their public records, ensuring that the information is readily available to those who need it.

Key Elements of the 83470200820100100 Annual Statement

The 83470200820100100 Annual Statement includes several critical components that provide a detailed overview of the company's financial status. Key elements include:

• Balance Sheet: Displays the company's assets, liabilities, and equity at the end of the fiscal year.
• Income Statement: Summarizes revenue, expenses, and profits or losses over the reporting period.
• Cash Flow Statement: Illustrates the inflow and outflow of cash, highlighting operational efficiency.
• Notes to Financial Statements: Offers additional context and explanations regarding financial figures and accounting policies.

Legal Use of the 83470200820100100 Annual Statement

The 83470200820100100 Annual Statement is a legally recognized document that serves as a formal record of the financial performance of Arkansas Blue Cross and Blue Shield. It is used in regulatory filings and may be referenced in legal proceedings involving the company. Stakeholders should ensure they understand the legal implications of the information contained within the statement, particularly concerning compliance with state and federal regulations.

Steps to Complete the 83470200820100100 Annual Statement

Completing the 83470200820100100 Annual Statement involves several key steps that ensure accuracy and compliance:

• Gather all financial records and documentation relevant to the fiscal year.
• Prepare the balance sheet, income statement, and cash flow statement in accordance with GAAP.
• Review all figures for accuracy and completeness, ensuring that they align with internal records.
• Include notes that clarify accounting policies and any significant financial events during the year.
• Submit the completed statement to the appropriate regulatory authority by the specified deadline.