That's correct. It's pretty straightforward. We collect premiums to pay claims. Whatever is left over from our claims and our operating expenses we're able to return that back to our policyholder members, though we do need to keep an amount for reserves in the event of unforeseeable things. That reduces their operating costs and the price of their insurance. We haven't met anybody yet who likes to pay premiums for insurance.
On May 15th, 2017. See this statement in context.