INDEPENDENCE HOLDING COMPANY CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $) In Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
Premiums earned:
Premiums earned - Health	$ 76,326	$ 74,071	$ 226,787	$ 211,735
Premiums earned - Life and annuity	8,904	9,188	28,317	27,022
Net investment income	9,235	11,136	28,984	30,638
Fee income	7,118	8,102	22,823	25,343
Net realized investment gains	924	4,030	2,605	6,013
Other-than-temporary impairment losses:
Total other-than-temporary impairment losses	(385)	(132)	(853)	(2,797)
Portion of losses recognized in other comprehensive income	278		278
Net impairment losses recognized in earnings	(107)	(132)	(575)	(2,797)
Equity income from AMIC				280
Gain on bargain purchase of AMIC				27,830
Other income	1,259	1,480	4,562	4,592
TOTAL REVENUES	103,659	107,875	313,503	330,656
Insurance benefits, claims and reserves:
Benefits, claims and reserves - Health	45,560	48,494	146,639	145,309
Benefits claims and reserves - Life and annuity	11,094	12,826	36,421	37,518
Selling, general and administrative expenses	38,958	37,182	111,275	105,007
Amortization of deferred acquisition costs	1,844	1,678	5,293	4,716
Interest expense on debt	516	499	1,433	1,447
TOTAL EXPENSES	97,972	100,679	301,061	293,997
Income from continuing operations before income taxes	5,687	7,196	12,442	36,659
Income taxes (benefits)	1,676	2,145	1,167	12,913
Income from continuing operations	4,011	5,051	11,275	23,746
Discontinued operations:
Income (loss) from discontinued operations, net of tax		(21)		(203)
Net income	4,011	5,030	11,275	23,543
(Income) loss from noncontrolling interests in subsidiaries	(457)	(610)	(1,497)	(1,391)
NET INCOME ATTRIBUTABLE TO IHC	$ 3,554	$ 4,420	$ 9,778	$ 22,152
WEIGHTED AVERAGE SHARES OUTSTANDING	16,173	15,233	15,831	15,279
WEIGHTED AVERAGE DILUTED SHARES OUTSTANDING	16,178	15,233	15,839	15,282