Claims paid in advance to providers

[yvelez]

If our company paid medical claims in advance to providers until we finalize some reconciliation process becuase they haven't been approved for payment by our claims Dept.; Shall we present those advance as a reduction of the IBNR in the Quarterly Statutoty report or as prepayment and then non-admitted asset?

[KenJames]

These payments should be treated as advance claims, would not impact IBNR.