operating $XXX you This morning for a loss $X.XX of of up year ago. adjusted third compared revenue and income an per the joining Garrett. Good adjusted net from reported, us thank XXXX, everyone net today. per and share million to of diluted X% Thanks, ago year of for share total morning a we $X.XX quarter
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Rico. The quarter Puerto second anniversary Hurricane pass third of the Maria's marked devastating through
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their of While our lawsuits. by reserves case was reserves adjusted to performed this include litigation for The loss additional settlement from that expense somewhat during analysis we reserved adjustment the release during resulted quarter, unserved additional period new company expense claims of same the the lawsuits filed of the costs offset underlying the third the of below amounts. the claims
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earned XX, average segment. most our pleased XX.X% million X.X% for continued largely year year-over-year. period to from with were to of $XXX.X driven top Care We Moving its months with rates. during overall member third $XXX.X Managed and premium line that additional were quarter. Managed an by Care Medicare million, the consistency increasing growth and core premiums accounted the up XXX premiums growth Advantage prior higher
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population. Vital First, approximately this dropped XX,XXX sequentially quarter, reflecting members XXX,XXX by XXX,XXX our in membership an the reduction to overall from eligible
however Our around remained market share at stable XX%.
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enrollment XXXX November and on X run will December XX. Vital's began open Third, through
in We program in expect again breadth many across will network, our our us entire island business. of of to brand the quality the that membership this our and of well retain grow the experience recognition years serve service, and this our
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the initial year. period to rates. review November apply And The new on Once these these of the this October agreement expired retroactively for will provides of rates, rating Xst a agree XXXX. the XXst, periodic rates on parties
to brief funding like regarding Rico. Medicaid Fifth, a I'd provide Puerto update for
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bill Earlier in the of the on provide would in approved $XX -- funding. U.S. a Committee Representatives' and quarter, approximately that Commerce House billion pride Energy
Conversations will house be package that, expectation cliff spending likely included Medicaid final be in XXXX. agreement first the ongoing. and the And quarter in regarding an between our a to enacted the senate of the is are extender's
Rico program greater for an expire funding is is the is Meanwhile, stability yet in next the included over approved on, permanent that resolution Rico seeking, November that solution, of by provides it This Congress, to Medicaid years. extension XXst. the with temporary not Puerto four the continuing Puerto
is on to Medicaid to funding, government additional funding spending an weeks, be Puerto extending in for for in including, agreement, generally, for time a additional allow federal approved A Congress continuing Rico. -- would following the term resolution reach final which expected
of billion, which $X.XX guidance, full we for year operating $X.XX expectations maintaining billion net, full premiums Managed $X.XX XXXX, year terms our Care and are between includes earned billion. our revenue billion In to and $X.XX be between
to be between are We to the percentage between between and premiums as XX%. range of an our and XX.XX% We our XX.X%. and operating a previous XX% maintaining from claims XX.XX%, to expectations to expenses XX.X% MLR of be and fees, administrative and now incurred consolidated XX.X%, expect XX% a earned for improvement ratio total be
per adjusted $X.XX $X.XX. expect XX% between of we're expectations rate And on share diluted tax bottom now guidance. XXXX and XX%. effective our income line, between be raising the maintaining We're and And net to
As a for repurchase private excludes reminder, the potential as the as issued recently share per and equity well accounts income any investment -- And any diluted losses, dividend. realized not and income, most unrealized activity adjusted for investment net share for does account gains during share XXXX.
execution of our objectives, million. our Importantly, strategic company's the and the our $XX of expansion given stock availability, between its performance share program's disconnect, has the, operational consistent and Board recent authorized to repurchase
market. shares a business active remain to or XXbX-X the through value in long-term. the over open expect program be deliver to our in We shareholder confident repurchasing And in either
by Triple-S strategic consumer Let this and me Results the once the focus across of work, saying, again, the quarter. team. intent close validate solid a was hard company entire
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