2022 Q2 Form 10-Q Financial Statement
#000180117022000053 Filed on August 08, 2022
Income Statement
Concept | 2022 Q2 | 2022 Q1 | 2021 Q4 |
---|---|---|---|
Revenue | $846.7M | $874.4M | $432.0M |
YoY Change | 105.27% | 336.48% | |
Cost Of Revenue | $858.8M | $861.7M | |
YoY Change | 87.3% | 301.89% | |
Gross Profit | -$12.09M | $12.66M | |
YoY Change | -73.74% | -189.8% | |
Gross Profit Margin | -1.43% | 1.45% | |
Selling, General & Admin | $117.5M | $126.8M | $114.2M |
YoY Change | 9.03% | 21.21% | |
% of Gross Profit | 1001.72% | ||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $586.0K | $826.0K | $848.0K |
YoY Change | 396.61% | 416.25% | |
% of Gross Profit | 6.53% | ||
Operating Expenses | $949.2M | $961.7M | $618.8M |
YoY Change | 59.72% | 201.08% | 13964.2% |
Operating Profit | -$102.5M | -$87.30M | |
YoY Change | -43.61% | -26.69% | |
Interest Expense | $390.0K | $403.0K | -$412.0K |
YoY Change | -67.8% | -65.7% | |
% of Operating Profit | |||
Other Income/Expense, Net | -$18.00K | $0.00 | $0.00 |
YoY Change | 125.0% | -100.0% | |
Pretax Income | -$104.2M | -$75.31M | -$187.2M |
YoY Change | -67.2% | 55.6% | 4154.57% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$104.2M | -$75.31M | -$187.2M |
YoY Change | -67.2% | 55.54% | 4154.57% |
Net Earnings / Revenue | -12.3% | -8.61% | -43.33% |
Basic Earnings Per Share | -$0.22 | -$0.16 | |
Diluted Earnings Per Share | -$0.22 | -$0.16 | -$445.3K |
COMMON SHARES | |||
Basic Shares Outstanding | 476.1M shares | 473.0M shares | |
Diluted Shares Outstanding | 476.1M shares | 473.0M shares |
Balance Sheet
Concept | 2022 Q2 | 2022 Q1 | 2021 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $404.5M | $351.2M | $321.1M |
YoY Change | -16.93% | -13.38% | 247.71% |
Cash & Equivalents | $324.5M | $273.8M | $300.0M |
Short-Term Investments | $80.00M | $77.40M | $21.13M |
Other Short-Term Assets | $25.65M | $17.18M | $18.02M |
YoY Change | 677.24% | -19.19% | 5927.42% |
Inventory | |||
Prepaid Expenses | $20.27M | $21.94M | $9.409M |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $1.861B | $2.491B | $752.5M |
YoY Change | 159.3% | 207.79% | 296.53% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.376M | $2.311M | $2.287M |
YoY Change | 13.09% | 14.18% | 10.06% |
Goodwill | $1.200M | ||
YoY Change | 0.0% | ||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $1.950M | $3.177M | $0.00 |
YoY Change | -94.96% | -91.05% | -100.0% |
Other Assets | $14.71M | $14.71M | $10.43M |
YoY Change | 40.41% | 70.2% | 17.41% |
Total Long-Term Assets | $202.2M | $188.5M | $198.3M |
YoY Change | -59.42% | 227.83% | 155.92% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.861B | $2.491B | $752.5M |
Total Long-Term Assets | $202.2M | $188.5M | $198.3M |
Total Assets | $2.063B | $2.680B | $950.8M |
YoY Change | 69.69% | 209.12% | 255.77% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $30.11M | $27.45M | $28.13M |
YoY Change | 44.44% | 50.01% | |
Accrued Expenses | $16.77M | $14.00M | $18.21M |
YoY Change | 14.89% | -10.82% | 268.94% |
Deferred Revenue | $0.00 | ||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | |
Long-Term Debt Due | $0.00 | ||
YoY Change | -100.0% | ||
Total Short-Term Liabilities | $1.599B | $2.152B | $372.6M |
YoY Change | 716.07% | 1143.76% | 126.89% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $19.96M | $19.95M | $19.94M |
YoY Change | 0.52% | -17.86% | -81.26% |
Other Long-Term Liabilities | $13.07M | $13.16M | $14.10M |
YoY Change | -54.45% | -83.69% | 7.46% |
Total Long-Term Liabilities | $33.02M | $33.11M | $34.03M |
YoY Change | -31.97% | 36.34% | -71.53% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.599B | $2.152B | $372.6M |
Total Long-Term Liabilities | $33.02M | $33.11M | $34.03M |
Total Liabilities | $1.636B | $2.190B | $411.5M |
YoY Change | 81.6% | 687.78% | -4.9% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$1.796B | -$1.692B | -$1.617B |
YoY Change | 28.76% | 57.05% | 57.12% |
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $6.086M | $147.0K | |
YoY Change | |||
Treasury Stock Shares | 1.894M shares | 14.73K shares | |
Shareholders Equity | $426.9M | $489.8M | $535.4M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.063B | $2.680B | $950.8M |
YoY Change | 69.69% | 209.12% | 255.77% |
Cashflow Statement
Concept | 2022 Q2 | 2022 Q1 | 2021 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$104.2M | -$75.31M | -$187.2M |
YoY Change | -67.2% | 55.54% | 4154.57% |
Depreciation, Depletion And Amortization | $586.0K | $826.0K | $848.0K |
YoY Change | 396.61% | 416.25% | |
Cash From Operating Activities | -$39.17M | -$57.04M | -$80.18M |
YoY Change | -38.94% | -38.58% | 6995.22% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$173.0K | $158.0K | -$238.0K |
YoY Change | -8.95% | 59.6% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $89.53M | $36.67M | -$106.3M |
YoY Change | -47.66% | -114.25% | |
Cash From Investing Activities | $89.35M | $36.51M | -$106.5M |
YoY Change | -47.71% | -114.18% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $5.939M | ||
YoY Change | -563.26% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 458.0K | -$5.608M | 284.4M |
YoY Change | -101.8% | -100.85% | 880.59% |
NET CHANGE | |||
Cash From Operating Activities | -39.17M | -$57.04M | -80.18M |
Cash From Investing Activities | 89.35M | $36.51M | -106.5M |
Cash From Financing Activities | 458.0K | -$5.608M | 284.4M |
Net Change In Cash | 50.64M | -$26.14M | 97.70M |
YoY Change | -37.67% | -108.37% | 250.57% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$39.17M | -$57.04M | -$80.18M |
Capital Expenditures | -$173.0K | $158.0K | -$238.0K |
Free Cash Flow | -$39.00M | -$57.20M | -$79.94M |
YoY Change | -39.03% | -38.47% |
Facts In Submission
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---|---|---|---|---|
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DE | ||
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3401 Mallory Lane | ||
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Q2 | ||
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2022 | ||
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CLOVER HEALTH INVESTMENTS, CORP. /DE | ||
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10-Q | ||
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2022-06-30 | ||
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PremiumsEarnedNet
|
195357000 | usd |
us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
546674000 | usd | |
us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
394733000 | usd | |
CY2022Q2 | us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
577370000 | usd |
CY2021Q2 | us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
216373000 | usd |
us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
1172268000 | usd | |
us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
216373000 | usd | |
CY2022Q2 | us-gaap |
Revenue Not From Contract With Customer Other
RevenueNotFromContractWithCustomerOther
|
825000 | usd |
CY2021Q2 | us-gaap |
Revenue Not From Contract With Customer Other
RevenueNotFromContractWithCustomerOther
|
742000 | usd |
us-gaap |
Revenue Not From Contract With Customer Other
RevenueNotFromContractWithCustomerOther
|
2137000 | usd | |
us-gaap |
Revenue Not From Contract With Customer Other
RevenueNotFromContractWithCustomerOther
|
1691000 | usd | |
CY2022Q2 | us-gaap |
Revenues
Revenues
|
846700000 | usd |
CY2021Q2 | us-gaap |
Revenues
Revenues
|
412472000 | usd |
us-gaap |
Revenues
Revenues
|
1721079000 | usd | |
us-gaap |
Revenues
Revenues
|
612797000 | usd | |
CY2022Q2 | us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
858786000 | usd |
CY2021Q2 | us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
458503000 | usd |
us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
1720508000 | usd | |
us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
672923000 | usd | |
CY2022Q2 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
70491000 | usd |
clov |
Premium Deficiency Testing Expense Benefit Long Duration Contract Amount
PremiumDeficiencyTestingExpenseBenefitLongDurationContractAmount
|
27900000 | usd | |
CY2021Q2 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
62167000 | usd |
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
139582000 | usd | |
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
128191000 | usd | |
CY2022Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
47040000 | usd |
CY2021Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
45646000 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
104737000 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
84264000 | usd | |
CY2022Q2 | clov |
Premium Deficiency Testing Expense Benefit Long Duration Contract Amount
PremiumDeficiencyTestingExpenseBenefitLongDurationContractAmount
|
-27657000 | usd |
CY2021Q2 | clov |
Premium Deficiency Testing Expense Benefit Long Duration Contract Amount
PremiumDeficiencyTestingExpenseBenefitLongDurationContractAmount
|
27900000 | usd |
clov |
Premium Deficiency Testing Expense Benefit Long Duration Contract Amount
PremiumDeficiencyTestingExpenseBenefitLongDurationContractAmount
|
-55314000 | usd | |
CY2022Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
586000 | usd |
CY2021Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
118000 | usd |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1412000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
278000 | usd | |
CY2022Q2 | us-gaap |
Other General Expense
OtherGeneralExpense
|
0 | usd |
CY2021Q2 | us-gaap |
Other General Expense
OtherGeneralExpense
|
0 | usd |
us-gaap |
Other General Expense
OtherGeneralExpense
|
0 | usd | |
us-gaap |
Other General Expense
OtherGeneralExpense
|
191000 | usd | |
CY2022Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
949246000 | usd |
CY2021Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
594334000 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
1910925000 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
913747000 | usd | |
CY2022Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-102546000 | usd |
CY2021Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-181862000 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-189846000 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-300950000 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
49006000 | usd | |
CY2022Q2 | us-gaap |
Interest Expense
InterestExpense
|
390000 | usd |
CY2021Q2 | us-gaap |
Interest Expense
InterestExpense
|
1211000 | usd |
CY2022Q2 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | usd |
CY2021Q2 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
134512000 | usd |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
793000 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
2386000 | usd | |
CY2022Q2 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
18000 | usd |
CY2021Q2 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
26000 | usd |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
18000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
13686000 | usd | |
CY2022Q2 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-1227000 | usd |
CY2021Q2 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
0 | usd |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
11167000 | usd | |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
0 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-104181000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-317611000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-179490000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-366028000 | usd | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.22 | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.22 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.78 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.78 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.38 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.38 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.93 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.93 | ||
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
476061809 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
476061809 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
408156682 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
408156682 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
474553609 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
474553609 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
395422849 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
395422849 | shares | |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-1095000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
70000 | usd |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-6419000 | usd | |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-423000 | usd | |
CY2022Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-105276000 | usd |
CY2021Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-317541000 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-185909000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-366451000 | usd | |
CY2020Q4 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
139444346 | shares |
CY2020Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
447747000 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-613193000 | usd |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1282000 | usd |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
42713000 | usd |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-493000 | usd |
CY2021Q1 | clov |
Temporary Equity Shares Conversion Of Convertible Securities
TemporaryEquitySharesConversionOfConvertibleSecurities
|
139444346 | shares |
CY2021Q1 | clov |
Temporary Equity Value Conversion Of Convertible Securities
TemporaryEquityValueConversionOfConvertibleSecurities
|
447747000 | usd |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
447747000 | usd |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
16059000 | usd |
CY2021Q1 | clov |
Stock Issued During Period Value Business Combination And Offering
StockIssuedDuringPeriodValueBusinessCombinationAndOffering
|
666242000 | usd |
CY2021Q1 | clov |
Capital Contribution For Extinguishment Of Debt
CapitalContributionForExtinguishmentOfDebt
|
126795000 | usd |
CY2021Q1 | clov |
Acquisition Of Public And Private Placement Warrants
AcquisitionOfPublicAndPrivatePlacementWarrants
|
147582000 | usd |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-48417000 | usd |
CY2021Q1 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
0 | shares |
CY2021Q1 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
0 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
588935000 | usd |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
435000 | usd |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
43026000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
70000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-317611000 | usd |
CY2021Q2 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
0 | shares |
CY2021Q2 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
0 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
314855000 | usd |
CY2021Q4 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
0 | shares |
CY2021Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
0 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
539317000 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
331000 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
40640000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-5324000 | usd |
CY2022Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
5939000 | usd |
CY2022Q1 | us-gaap |
Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
|
3903000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-75309000 | usd |
CY2022Q1 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
0 | shares |
CY2022Q1 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
0 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
489813000 | usd |
CY2022Q2 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
0 | shares |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
563000 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
41927000 | usd |
CY2022Q2 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
105000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-1095000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-104181000 | usd |
CY2022Q2 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
0 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
426922000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-179490000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-366028000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1412000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
278000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
18000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
13686000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
82567000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
85739000 | usd | |
clov |
Increase Decrease In Fair Value Adjustment Of Warrants
IncreaseDecreaseInFairValueAdjustmentOfWarrants
|
0 | usd | |
us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
87000 | usd | |
clov |
Increase Decrease In Fair Value Adjustment Of Warrants
IncreaseDecreaseInFairValueAdjustmentOfWarrants
|
49006000 | usd | |
us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
-35000 | usd | |
clov |
Realized Investment Losses Gains
RealizedInvestmentLossesGains
|
-16000 | usd | |
clov |
Realized Investment Losses Gains
RealizedInvestmentLossesGains
|
-63000 | usd | |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
11167000 | usd | |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
0 | usd | |
clov |
Premium Deficiency Testing Expense Benefit Long Duration Contract Amount
PremiumDeficiencyTestingExpenseBenefitLongDurationContractAmount
|
-55314000 | usd | |
clov |
Premium Deficiency Testing Expense Benefit Long Duration Contract Amount
PremiumDeficiencyTestingExpenseBenefitLongDurationContractAmount
|
27900000 | usd | |
us-gaap |
Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
|
155000 | usd | |
us-gaap |
Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
|
-2390000 | usd | |
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
203000 | usd | |
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
12289000 | usd | |
clov |
Increase Decrease In Performance Year Receivable
IncreaseDecreaseInPerformanceYearReceivable
|
-12739000 | usd | |
clov |
Increase Decrease In Performance Year Receivable
IncreaseDecreaseInPerformanceYearReceivable
|
0 | usd | |
us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
2143000 | usd | |
us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
15578000 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
10857000 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
6705000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
7529000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
4600000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
29925000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-6887000 | usd | |
clov |
Increase Decrease In Operating Lease Right Of Use Assets
IncreaseDecreaseInOperatingLeaseRightOfUseAssets
|
1513000 | usd | |
clov |
Increase Decrease In Operating Lease Right Of Use Assets
IncreaseDecreaseInOperatingLeaseRightOfUseAssets
|
1720000 | usd | |
clov |
Increase Decrease In Unpaid Claims
IncreaseDecreaseInUnpaidClaims
|
20763000 | usd | |
clov |
Increase Decrease In Unpaid Claims
IncreaseDecreaseInUnpaidClaims
|
28752000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
1979000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1978000 | usd | |
us-gaap |
Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
|
-451000 | usd | |
us-gaap |
Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
|
6272000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
-989000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
870000 | usd | |
clov |
Increase Decrease In Performance Year Obligation
IncreaseDecreaseInPerformanceYearObligation
|
0 | usd | |
clov |
Increase Decrease In Performance Year Obligation
IncreaseDecreaseInPerformanceYearObligation
|
18809000 | usd | |
clov |
Increase Decrease In Non Insurance Payable
IncreaseDecreaseInNonInsurancePayable
|
82592000 | usd | |
clov |
Increase Decrease In Non Insurance Payable
IncreaseDecreaseInNonInsurancePayable
|
14530000 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-1864000 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-2055000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-96213000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-157024000 | usd | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
169889000 | usd | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
323451000 | usd | |
clov |
Proceeds From Sale Of Short Term Investments And Available For Sale Securities
ProceedsFromSaleOfShortTermInvestmentsAndAvailableForSaleSecurities
|
5881000 | usd | |
clov |
Proceeds From Sale Of Short Term Investments And Available For Sale Securities
ProceedsFromSaleOfShortTermInvestmentsAndAvailableForSaleSecurities
|
36865000 | usd | |
clov |
Proceeds From Maturity Of Short Term Investments And Debt Securities Available For Sale And Held To Maturity
ProceedsFromMaturityOfShortTermInvestmentsAndDebtSecuritiesAvailableForSaleAndHeldToMaturity
|
290455000 | usd | |
clov |
Proceeds From Maturity Of Short Term Investments And Debt Securities Available For Sale And Held To Maturity
ProceedsFromMaturityOfShortTermInvestmentsAndDebtSecuritiesAvailableForSaleAndHeldToMaturity
|
200265000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
331000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
290000 | usd | |
us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
250000 | usd | |
us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
125866000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-86611000 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
0 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
30925000 | usd | |
clov |
Proceeds From Issuance Of Common Stock Net Of Early Exercise Liability
ProceedsFromIssuanceOfCommonStockNetOfEarlyExerciseLiability
|
894000 | usd | |
clov |
Proceeds From Issuance Of Common Stock Net Of Early Exercise Liability
ProceedsFromIssuanceOfCommonStockNetOfEarlyExerciseLiability
|
1717000 | usd | |
clov |
Proceeds From Reverse Capitalization Net Of Transaction Costs
ProceedsFromReverseCapitalizationNetOfTransactionCosts
|
0 | usd | |
clov |
Proceeds From Reverse Capitalization Net Of Transaction Costs
ProceedsFromReverseCapitalizationNetOfTransactionCosts
|
666242000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
6044000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-5150000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
637034000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
24503000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
393399000 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
299968000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
92348000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
324471000 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
485747000 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
1677000 | usd | |
clov |
Performance Year Receivable
PerformanceYearReceivable
|
1177421000 | usd | |
clov |
Performance Year Receivable
PerformanceYearReceivable
|
436334000 | usd | |
clov |
Performance Year Obligation Non Cash Activities
PerformanceYearObligationNonCashActivities
|
1177421000 | usd | |
clov |
Performance Year Obligation Non Cash Activities
PerformanceYearObligationNonCashActivities
|
436334000 | usd | |
us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
0 | usd | |
us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
447747000 | usd | |
us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
0 | usd | |
us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
16059000 | usd | |
us-gaap |
Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
|
0 | usd | |
us-gaap |
Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
|
126795000 | usd | |
clov |
Issuance Of Common Stock Related To Warrants Exercised
IssuanceOfCommonStockRelatedToWarrantsExercised
|
0 | usd | |
clov |
Issuance Of Common Stock Related To Warrants Exercised
IssuanceOfCommonStockRelatedToWarrantsExercised
|
97782000 | usd | |
clov |
Acquisition Of Public And Private Warrants
AcquisitionOfPublicAndPrivateWarrants
|
0 | usd | |
clov |
Acquisition Of Public And Private Warrants
AcquisitionOfPublicAndPrivateWarrants
|
147582000 | usd | |
us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
642000 | usd | |
us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
204000 | usd | |
us-gaap |
Transfer To Investments
TransferToInvestments
|
8644000 | usd | |
us-gaap |
Transfer To Investments
TransferToInvestments
|
0 | usd | |
us-gaap |
Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
|
3903000 | usd | |
us-gaap |
Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
|
0 | usd | |
clov |
Conversion Of Convertible Note To Preferred Stock
ConversionOfConvertibleNoteToPreferredStock
|
250000 | usd | |
clov |
Conversion Of Convertible Note To Preferred Stock
ConversionOfConvertibleNoteToPreferredStock
|
0 | usd | |
CY2022Q2 | clov |
Direct Contracting Shared Savings And Losses Percent
DirectContractingSharedSavingsAndLossesPercent
|
1.000 | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of estimates</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that impact the amounts reported in the condensed consolidated financial statements and the accompanying notes.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The areas involving the most significant use of estimates are the amounts of incurred but not reported claims. Many factors can cause actual outcomes to deviate from these assumptions and estimates, such as changes in economic conditions, changes in government healthcare policy, advances in medical technology, changes in treatment patterns, and changes in average lifespan. Accordingly, the Company cannot determine with precision the ultimate amounts that it will pay for, or the timing of payment of actual claims, or whether the assets supporting the liabilities will grow to the level the Company assumes prior to payment of claims. If the Company's actual experience is different from its assumptions or estimates, the Company's reserves may prove inadequate. As a result, the Company would incur a charge to operations in the period in which it determines such a shortfall exists, which could have a material adverse effect on the Company's business, results of operations, and financial condition. Other areas involving significant estimates include risk adjustment provisions related to Medicare contracts and the valuation of the Company's investment securities, goodwill and other intangible assets, reinsurance, premium deficiency reserve, warrants, embedded derivative related to convertible securities, stock-based compensation, recoveries from third parties for coordination of benefits, Direct Contracting benchmark, specifically cost trend and risk score estimates that can develop over time, and final determination of medical cost adjustment pools.</span></div> | ||
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | reportable_segment | |
CY2022Q2 | us-gaap |
Held To Maturity Securities
HeldToMaturitySecurities
|
351000 | usd |
CY2022Q2 | us-gaap |
Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
|
36000 | usd |
CY2022Q2 | us-gaap |
Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
|
26000 | usd |
CY2022Q2 | us-gaap |
Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
|
361000 | usd |
CY2022Q2 | us-gaap |
Investments
Investments
|
262747000 | usd |
CY2022Q2 | clov |
Available For Sale Securities And Held To Maturity Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
73000 | usd |
CY2022Q2 | clov |
Available For Sale Securities And Held To Maturity Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
8416000 | usd |
CY2022Q2 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
254404000 | usd |
CY2021Q4 | us-gaap |
Held To Maturity Securities
HeldToMaturitySecurities
|
640000 | usd |
CY2021Q4 | us-gaap |
Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
|
40000 | usd |
CY2021Q4 | us-gaap |
Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
|
9000 | usd |
CY2021Q4 | us-gaap |
Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
|
671000 | usd |
CY2021Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
198669000 | usd |
CY2021Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
10000 | usd |
CY2021Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
1944000 | usd |
CY2021Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
196735000 | usd |
CY2021Q4 | us-gaap |
Investments
Investments
|
199309000 | usd |
CY2021Q4 | clov |
Available For Sale Securities And Held To Maturity Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
50000 | usd |
CY2021Q4 | clov |
Available For Sale Securities And Held To Maturity Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
1953000 | usd |
CY2021Q4 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
197406000 | usd |
CY2022Q2 | us-gaap |
Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
|
110000 | usd |
CY2022Q2 | us-gaap |
Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
|
146000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
|
0 | usd |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
|
0 | usd |
CY2022Q2 | us-gaap |
Held To Maturity Securities
HeldToMaturitySecurities
|
351000 | usd |
CY2022Q2 | us-gaap |
Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
|
0 | usd |
CY2022Q2 | us-gaap |
Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
|
0 | usd |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
|
80608000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
79997000 | usd |
CY2022Q2 | us-gaap |
Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
|
241000 | usd |
CY2022Q2 | us-gaap |
Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
|
215000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
|
181788000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
|
174046000 | usd |
CY2022Q2 | us-gaap |
Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
|
0 | usd |
CY2022Q2 | us-gaap |
Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
|
0 | usd |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
|
0 | usd |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
|
0 | usd |
CY2022Q2 | us-gaap |
Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
|
361000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
|
262396000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
|
254043000 | usd |
CY2022Q2 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
463000 | usd |
CY2021Q2 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
77000 | usd |
us-gaap |
Net Investment Income
NetInvestmentIncome
|
773000 | usd | |
us-gaap |
Net Investment Income
NetInvestmentIncome
|
161000 | usd | |
CY2022Q2 | clov |
Debt Securities Available For Sale And Held To Maturity Continuous Unrealized Loss Position Year One
DebtSecuritiesAvailableForSaleAndHeldToMaturityContinuousUnrealizedLossPositionYearOne
|
201097000 | usd |
CY2022Q2 | clov |
Debt Securities Available For Sale And Held To Maturity Continuous Unrealized Loss Position Year One Accumulated Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityContinuousUnrealizedLossPositionYearOneAccumulatedLoss
|
6132000 | usd |
CY2022Q2 | clov |
Debt Securities Available For Sale And Held To Maturity Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleAndHeldToMaturityContinuousUnrealizedLossPosition12MonthsOrLonger
|
28462000 | usd |
CY2022Q2 | clov |
Debt Securities Available For Sale And Held To Maturity Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
2284000 | usd |
CY2022Q2 | clov |
Debt Securities Available For Sale And Held To Maturity Unrealized Loss Position
DebtSecuritiesAvailableForSaleAndHeldToMaturityUnrealizedLossPosition
|
229559000 | usd |
CY2022Q2 | clov |
Debt Securities Available For Sale And Held To Maturity Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityUnrealizedLossPositionAccumulatedLoss
|
8416000 | usd |
CY2022Q2 | clov |
Debt Securities Available For Sale And Held To Maturity Unrealized Loss Position Number Of Positions Year One
DebtSecuritiesAvailableForSaleAndHeldToMaturityUnrealizedLossPositionNumberOfPositionsYearOne
|
33 | position |
CY2022Q2 | clov |
Debt Securities Available For Sale And Held To Maturity Unrealized Loss Position Number Of Positions12 Months Or Longer
DebtSecuritiesAvailableForSaleAndHeldToMaturityUnrealizedLossPositionNumberOfPositions12MonthsOrLonger
|
8 | position |
CY2022Q2 | clov |
Debt Securities Available For Sale And Held To Maturity Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleAndHeldToMaturityUnrealizedLossPositionNumberOfPositions
|
41 | position |
CY2021Q4 | clov |
Debt Securities Available For Sale And Held To Maturity Continuous Unrealized Loss Position Year One
DebtSecuritiesAvailableForSaleAndHeldToMaturityContinuousUnrealizedLossPositionYearOne
|
187251000 | usd |
CY2021Q4 | clov |
Debt Securities Available For Sale And Held To Maturity Continuous Unrealized Loss Position Year One Accumulated Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityContinuousUnrealizedLossPositionYearOneAccumulatedLoss
|
1555000 | usd |
CY2021Q4 | clov |
Debt Securities Available For Sale And Held To Maturity Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleAndHeldToMaturityContinuousUnrealizedLossPosition12MonthsOrLonger
|
7902000 | usd |
CY2021Q4 | clov |
Debt Securities Available For Sale And Held To Maturity Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
398000 | usd |
CY2021Q4 | clov |
Debt Securities Available For Sale And Held To Maturity Unrealized Loss Position
DebtSecuritiesAvailableForSaleAndHeldToMaturityUnrealizedLossPosition
|
195153000 | usd |
CY2021Q4 | clov |
Debt Securities Available For Sale And Held To Maturity Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityUnrealizedLossPositionAccumulatedLoss
|
1953000 | usd |
CY2021Q4 | clov |
Debt Securities Available For Sale And Held To Maturity Unrealized Loss Position Number Of Positions Year One
DebtSecuritiesAvailableForSaleAndHeldToMaturityUnrealizedLossPositionNumberOfPositionsYearOne
|
18 | position |
CY2021Q4 | clov |
Debt Securities Available For Sale And Held To Maturity Unrealized Loss Position Number Of Positions12 Months Or Longer
DebtSecuritiesAvailableForSaleAndHeldToMaturityUnrealizedLossPositionNumberOfPositions12MonthsOrLonger
|
4 | position |
CY2021Q4 | clov |
Debt Securities Available For Sale And Held To Maturity Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleAndHeldToMaturityUnrealizedLossPositionNumberOfPositions
|
22 | position |
CY2022Q2 | us-gaap |
Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
|
0 | usd |
CY2021Q4 | us-gaap |
Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
|
0 | usd |
CY2021Q4 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
0 | usd |
CY2022Q2 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
0 | usd |
CY2022Q2 | clov |
Proceeds From Sale Of Short Term Investments And Available For Sale Securities
ProceedsFromSaleOfShortTermInvestmentsAndAvailableForSaleSecurities
|
5881000 | usd |
CY2021Q2 | clov |
Proceeds From Sale Of Short Term Investments And Available For Sale Securities
ProceedsFromSaleOfShortTermInvestmentsAndAvailableForSaleSecurities
|
19598000 | usd |
clov |
Proceeds From Sale Of Short Term Investments And Available For Sale Securities
ProceedsFromSaleOfShortTermInvestmentsAndAvailableForSaleSecurities
|
5881000 | usd | |
clov |
Proceeds From Sale Of Short Term Investments And Available For Sale Securities
ProceedsFromSaleOfShortTermInvestmentsAndAvailableForSaleSecurities
|
36865000 | usd | |
CY2022Q2 | clov |
Proceeds From Maturity Of Short Term Investments And Debt Securities Available For Sale And Held To Maturity
ProceedsFromMaturityOfShortTermInvestmentsAndDebtSecuritiesAvailableForSaleAndHeldToMaturity
|
140455000 | usd |
CY2021Q2 | clov |
Proceeds From Maturity Of Short Term Investments And Debt Securities Available For Sale And Held To Maturity
ProceedsFromMaturityOfShortTermInvestmentsAndDebtSecuritiesAvailableForSaleAndHeldToMaturity
|
200000000 | usd |
clov |
Proceeds From Maturity Of Short Term Investments And Debt Securities Available For Sale And Held To Maturity
ProceedsFromMaturityOfShortTermInvestmentsAndDebtSecuritiesAvailableForSaleAndHeldToMaturity
|
290455000 | usd | |
clov |
Proceeds From Maturity Of Short Term Investments And Debt Securities Available For Sale And Held To Maturity
ProceedsFromMaturityOfShortTermInvestmentsAndDebtSecuritiesAvailableForSaleAndHeldToMaturity
|
200265000 | usd | |
CY2022Q2 | clov |
Short Term Investments And Available For Sale Securities Gross Realized Gains
ShortTermInvestmentsAndAvailableForSaleSecuritiesGrossRealizedGains
|
5000 | usd |
CY2021Q2 | clov |
Short Term Investments And Available For Sale Securities Gross Realized Gains
ShortTermInvestmentsAndAvailableForSaleSecuritiesGrossRealizedGains
|
1000 | usd |
clov |
Short Term Investments And Available For Sale Securities Gross Realized Gains
ShortTermInvestmentsAndAvailableForSaleSecuritiesGrossRealizedGains
|
5000 | usd | |
clov |
Short Term Investments And Available For Sale Securities Gross Realized Gains
ShortTermInvestmentsAndAvailableForSaleSecuritiesGrossRealizedGains
|
17000 | usd | |
CY2022Q2 | clov |
Short Term Investments And Available For Sale Securities Gross Realized Losses
ShortTermInvestmentsAndAvailableForSaleSecuritiesGrossRealizedLosses
|
21000 | usd |
CY2021Q2 | clov |
Short Term Investments And Available For Sale Securities Gross Realized Losses
ShortTermInvestmentsAndAvailableForSaleSecuritiesGrossRealizedLosses
|
3000 | usd |
clov |
Short Term Investments And Available For Sale Securities Gross Realized Losses
ShortTermInvestmentsAndAvailableForSaleSecuritiesGrossRealizedLosses
|
21000 | usd | |
clov |
Short Term Investments And Available For Sale Securities Gross Realized Losses
ShortTermInvestmentsAndAvailableForSaleSecuritiesGrossRealizedLosses
|
80000 | usd | |
CY2022Q2 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
-16000 | usd |
CY2021Q2 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
-2000 | usd |
us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
-16000 | usd | |
us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
-63000 | usd | |
CY2022Q2 | us-gaap |
Deposits
Deposits
|
14200000 | usd |
CY2021Q4 | us-gaap |
Deposits
Deposits
|
11100000 | usd |
CY2022Q2 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
254043000 | usd |
CY2021Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
196735000 | usd |
CY2021Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
196735000 | usd |
us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
|
3053000 | usd | |
us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1
|
509212000 | usd | |
CY2021Q3 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.10 | |
CY2022Q2 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
0 | usd |
CY2022Q2 | us-gaap |
Receivables From Customers
ReceivablesFromCustomers
|
78000000 | usd |
CY2021Q4 | us-gaap |
Receivables From Customers
ReceivablesFromCustomers
|
48000000 | usd |
us-gaap |
Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
|
<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Activity in the liability for unpaid claims, including claims adjustment expenses, for the six months ended June 30, 2022 and 2021, is summarized as follows:</span></div><div style="margin-top:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:73.622%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.355%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.983%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.355%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.985%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Six Months Ended June 30,</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</span></td><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-bottom:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(in thousands)</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross and net balance, beginning of period</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> (1)</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">136,317 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;border-top:0.25pt solid #ffffff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">103,976 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Incurred related to:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current year</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">529,440 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">424,968 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Prior years</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(20,228)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,053 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total incurred</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">509,212 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;border-top:0.25pt solid #ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">428,021 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Paid related to:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current year</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">408,580 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">310,717 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Prior years</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">84,180 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88,728 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total paid</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">492,760 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;border-top:0.25pt solid #ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">399,445 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross and net balance, end of period </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)(2)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">152,769 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;border-bottom:1.5pt double #ffffff;border-top:0.25pt solid #ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">132,552 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:9pt;text-align:justify;text-indent:-9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1) </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Includes amounts due to related parties. </span></div><div style="margin-top:3pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2) </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Differs from the total unpaid claims amount reported on the Condensed Consolidated Balance Sheets due to the fact the figure here excludes unpaid claims for the Company's Non-Insurance operations of $8.9 million and $4.6 million as of June 30, 2022 and December 31, 2021, respectively.</span></div> | ||
CY2021Q4 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
|
136317000 | usd |
CY2020Q4 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
|
103976000 | usd |
us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
|
529440000 | usd | |
us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
|
424968000 | usd | |
us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
|
-20228000 | usd | |
us-gaap |
Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
|
399445000 | usd | |
us-gaap |
Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
|
492760000 | usd | |
us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1
|
428021000 | usd | |
us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
|
408580000 | usd | |
us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
|
310717000 | usd | |
us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
|
84180000 | usd | |
us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
|
88728000 | usd | |
CY2022Q2 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
|
152769000 | usd |
CY2021Q2 | us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
|
132552000 | usd |
us-gaap |
Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
|
84200000 | usd | |
us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
|
-20200000 | usd | |
us-gaap |
Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
|
3100000 | usd | |
clov |
Ratio Of Current Year Medical Claims Paid As A Percent Of Current Year Net Medical Claims
RatioOfCurrentYearMedicalClaimsPaidAsAPercentOfCurrentYearNetMedicalClaims
|
0.772 | ||
clov |
Ratio Of Current Year Medical Claims Paid As A Percent Of Current Year Net Medical Claims
RatioOfCurrentYearMedicalClaimsPaidAsAPercentOfCurrentYearNetMedicalClaims
|
0.731 | ||
CY2022Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
20000000 | usd |
CY2022Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
0 | usd |
CY2022Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
0 | usd |
CY2022Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
0 | usd |
CY2022Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
0 | usd |
CY2022Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
20000000 | usd |
CY2022Q2 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
1931537 | shares |
CY2021Q4 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
14730 | shares |
CY2022Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
25000000 | shares |
CY2022Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2022Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
|
1.000 | ||
us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
|
0.040 | ||
us-gaap |
Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
|
0.040 | ||
CY2022Q2 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
400000 | usd |
CY2021Q2 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
200000 | usd |
us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
700000 | usd | |
us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
500000 | usd | |
us-gaap |
Defined Contribution Plan Employers Matching Contribution Annual Vesting Percentage
DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage
|
1.000 | ||
CY2022Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
41900000 | usd |
CY2021Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
43000000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
82600000 | usd | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P6Y5M26D | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
85700000 | usd | |
CY2022Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
41927000 | usd |
CY2021Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
43026000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
82567000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
85739000 | usd | |
CY2022Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
388900000 | usd |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P3Y11M15D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
3.36 | ||
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
5000000 | usd |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y9M14D | ||
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
20401636 | shares |
CY2022Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
5000000 | usd |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
2.87 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
11300000 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
8200000 | usd | |
CY2016Q4 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
139629 | shares |
CY2016Q4 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
2.61 | |
CY2017Q4 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
122052 | shares |
CY2017Q4 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
3.45 | |
CY2022Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.000 | |
CY2021Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.000 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.000 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.000 | ||
CY2022Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | usd |
CY2022Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | usd |
CY2021Q4 | us-gaap |
Income Tax Examination Penalties Accrued
IncomeTaxExaminationPenaltiesAccrued
|
0 | usd |
CY2022Q2 | us-gaap |
Income Tax Examination Penalties Accrued
IncomeTaxExaminationPenaltiesAccrued
|
0 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-104181000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-317611000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-104181000 | usd |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
395422849 | shares | |
CY2021Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-317611000 | usd |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
476061809 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
476061809 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
408156682 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
408156682 | shares |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.22 | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.22 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.78 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.78 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-179490000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-366028000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-179490000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-366028000 | usd | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
474553609 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
474553609 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
395422849 | shares | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.38 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.38 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.93 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.93 | ||
CY2022Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
87782015 | shares |
CY2021Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
93002316 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
87782015 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
93002316 | shares | |
CY2022Q2 | clov |
Non Insurance Performance Year Receivable Current
NonInsurancePerformanceYearReceivableCurrent
|
1164682000 | usd |
CY2021Q2 | clov |
Non Insurance Performance Year Receivable Current
NonInsurancePerformanceYearReceivableCurrent
|
436334000 | usd |
CY2022Q2 | clov |
Non Insurance Performance Year Obligation Current
NonInsurancePerformanceYearObligationCurrent
|
1214312000 | usd |
CY2021Q2 | clov |
Non Insurance Performance Year Obligation Current
NonInsurancePerformanceYearObligationCurrent
|
455143000 | usd |
CY2022Q2 | clov |
Non Insurance Performance Year Receivable Amortization
NonInsurancePerformanceYearReceivableAmortization
|
577968000 | usd |
clov |
Non Insurance Performance Year Receivable Amortization
NonInsurancePerformanceYearReceivableAmortization
|
1164682000 | usd | |
CY2022Q2 | clov |
Non Insurance Performance Year Obligation Amortization
NonInsurancePerformanceYearObligationAmortization
|
577968000 | usd |
clov |
Non Insurance Performance Year Obligation Amortization
NonInsurancePerformanceYearObligationAmortization
|
1164682000 | usd | |
CY2022Q2 | us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
577370000 | usd |
us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
1172268000 | usd | |
clov |
Non Insurance Performance Year Receivable Amortization
NonInsurancePerformanceYearReceivableAmortization
|
218167000 | usd | |
CY2021Q2 | clov |
Non Insurance Performance Year Receivable Amortization
NonInsurancePerformanceYearReceivableAmortization
|
218167000 | usd |
clov |
Non Insurance Performance Year Obligation Amortization
NonInsurancePerformanceYearObligationAmortization
|
218167000 | usd | |
CY2021Q2 | clov |
Non Insurance Performance Year Obligation Amortization
NonInsurancePerformanceYearObligationAmortization
|
218167000 | usd |
us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
216373000 | usd | |
CY2021Q2 | us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
216373000 | usd |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment | |
CY2022Q2 | us-gaap |
Ceded Premiums Earned
CededPremiumsEarned
|
119000 | usd |
CY2022Q2 | us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
268505000 | usd |
CY2022Q2 | us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
577370000 | usd |
CY2022Q2 | us-gaap |
Revenue Not From Contract With Customer Other
RevenueNotFromContractWithCustomerOther
|
825000 | usd |
CY2022Q2 | us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
858786000 | usd |
CY2022Q2 | us-gaap |
Gross Profit
GrossProfit
|
-12086000 | usd |
CY2022Q2 | us-gaap |
Assets
Assets
|
2063206000 | usd |
us-gaap |
Ceded Premiums Earned
CededPremiumsEarned
|
238000 | usd | |
us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
546674000 | usd | |
us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
1172268000 | usd | |
us-gaap |
Revenue Not From Contract With Customer Other
RevenueNotFromContractWithCustomerOther
|
2137000 | usd | |
us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
1720508000 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
571000 | usd | |
CY2022Q2 | us-gaap |
Assets
Assets
|
2063206000 | usd |
CY2021Q2 | us-gaap |
Ceded Premiums Earned
CededPremiumsEarned
|
126000 | usd |
CY2021Q2 | us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
195357000 | usd |
CY2021Q2 | us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
216373000 | usd |
CY2021Q2 | us-gaap |
Revenue Not From Contract With Customer Other
RevenueNotFromContractWithCustomerOther
|
742000 | usd |
CY2021Q2 | us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
458503000 | usd |
CY2021Q2 | us-gaap |
Gross Profit
GrossProfit
|
-46031000 | usd |
CY2021Q2 | us-gaap |
Assets
Assets
|
1215897000 | usd |
us-gaap |
Ceded Premiums Earned
CededPremiumsEarned
|
250000 | usd | |
us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
394733000 | usd | |
us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
216373000 | usd | |
us-gaap |
Revenue Not From Contract With Customer Other
RevenueNotFromContractWithCustomerOther
|
1691000 | usd | |
us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
672923000 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
-60126000 | usd | |
CY2021Q2 | us-gaap |
Assets
Assets
|
1215897000 | usd |
CY2022Q2 | us-gaap |
Gross Profit
GrossProfit
|
-12086000 | usd |
CY2021Q2 | us-gaap |
Gross Profit
GrossProfit
|
-46031000 | usd |
us-gaap |
Gross Profit
GrossProfit
|
571000 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
-60126000 | usd | |
CY2022Q2 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
70491000 | usd |
CY2021Q2 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
62167000 | usd |
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
139582000 | usd | |
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
128191000 | usd | |
CY2022Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
47040000 | usd |
CY2021Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
45646000 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
104737000 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
84264000 | usd | |
CY2022Q2 | clov |
Premium Deficiency Testing Expense Benefit Long Duration Contract Amount
PremiumDeficiencyTestingExpenseBenefitLongDurationContractAmount
|
-27657000 | usd |
CY2021Q2 | clov |
Premium Deficiency Testing Expense Benefit Long Duration Contract Amount
PremiumDeficiencyTestingExpenseBenefitLongDurationContractAmount
|
27900000 | usd |
clov |
Premium Deficiency Testing Expense Benefit Long Duration Contract Amount
PremiumDeficiencyTestingExpenseBenefitLongDurationContractAmount
|
-55314000 | usd | |
clov |
Premium Deficiency Testing Expense Benefit Long Duration Contract Amount
PremiumDeficiencyTestingExpenseBenefitLongDurationContractAmount
|
27900000 | usd | |
CY2022Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
586000 | usd |
CY2021Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
118000 | usd |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1412000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
278000 | usd | |
CY2022Q2 | us-gaap |
Other General Expense
OtherGeneralExpense
|
0 | usd |
CY2021Q2 | us-gaap |
Other General Expense
OtherGeneralExpense
|
0 | usd |
us-gaap |
Other General Expense
OtherGeneralExpense
|
0 | usd | |
us-gaap |
Other General Expense
OtherGeneralExpense
|
191000 | usd | |
CY2022Q2 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | usd |
CY2021Q2 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
134512000 | usd |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
49006000 | usd | |
CY2022Q2 | us-gaap |
Interest Expense
InterestExpense
|
390000 | usd |
CY2021Q2 | us-gaap |
Interest Expense
InterestExpense
|
1211000 | usd |
us-gaap |
Interest Expense
InterestExpense
|
793000 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
2386000 | usd | |
CY2022Q2 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
18000 | usd |
CY2021Q2 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
26000 | usd |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
18000 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
13686000 | usd | |
CY2022Q2 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-1227000 | usd |
CY2021Q2 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
0 | usd |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
11167000 | usd | |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
0 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-104181000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-317611000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-179490000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-366028000 | usd |