INDEPENDENCE HOLDING COMPANY CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (USD $) In Thousands, except Share data	COMMON STOCK	PAID-IN CAPITAL	ACCUMULATED OTHER COMPREHENSIVE INCOME(LOSS)		TREASURY STOCK, AT COST	RETAINED EARNINGS		TOTAL IHC STOCKHOLDERS' EQUITY		NON-CONTROLLING INTERESTS	TOTAL EQUITY
Stockholders Equity, Value at Dec. 31, 2008	$ 15,435	$ 101,086	$ (54,291)		$ (326)	$ 100,798		$ 162,702		$ 248	$ 162,950
Stockholders Equity, Shares at Dec. 31, 2008	15,434,891				(32,755)
Cumulative effect of adjustment on April 1, 2009 due to new accounting guidance, net			(1,591)	[1]		1,591	[1]	0		0	0
Net income (loss)						(7,122)		(7,122)		(10)	(7,132)
Net change in unrealized gains(losses)			48,778					48,778		0	48,778
Total comprehensive income (loss)								41,656		(10)	41,646
Repurchases of common stock, Value								0		0	0
Acquisition of MedWatch								0		0	0
Acquisition of HBA								0		0	0
Acquisition of American Independence Corp.								0		0	0
Acquisition of Wisconsin Underwriting Associates, LLC								0		400	400
Acquire noncontrolling interests in GroupLink, Inc.		(426)						(426)		(74)	(500)
Acquire noncontrolling interests in American Independence Corp, Value								0		0	0
Acquire noncontrolling interests in Wisconsin Underwriting Associates, LLC								0		0	0
Sales of certain majority owned subsidiaries								0		0	0
Common stock dividend						(771)	[2]	(771)	[2]	0	(771)	[2]
Share-based compensation expenses and related tax benefits, Value	25	(248)						(223)		0	(223)
Share-based compensation expenses and related tax benefits, Shares	24,503
Contributions from noncontrolling interests								0		0	0
Distributions to noncontrolling interests								0		0	0
Other capital transactions, Value		35				(6)		29		(24)	5
Other capital transactions, Shares	326
Stockholders Equity, Value at Dec. 31, 2009	15,460	100,447	(7,104)		(326)	94,490		202,967		540	203,507
Stockholders Equity, Shares at Dec. 31, 2009	15,459,720				(32,755)
Net income (loss)						21,737		21,737		1,676	23,413
Net change in unrealized gains(losses)			7,737					7,737		244	7,981
Total comprehensive income (loss)								29,474		1,920	31,394
Repurchases of common stock, Value					(1,591)			(1,591)		0	(1,591)
Repurchases of common stock, Shares					(206,400)
Acquisition of MedWatch								0		480	480
Acquisition of HBA								0		480	480
Acquisition of American Independence Corp.		(4)						(4)		26,960	26,956
Common stock dividend						(762)	[2]	(762)		0	(762)	[2]
Share-based compensation expenses and related tax benefits, Value	12	514						526		0	526
Share-based compensation expenses and related tax benefits, Shares	12,300
Contributions from noncontrolling interests								0		109	109
Distributions to noncontrolling interests								0		(863)	(863)
Other capital transactions, Value		46				(28)		18		20	38
Stockholders Equity, Value at Dec. 31, 2010	15,472	101,003	633		(1,917)	115,437		230,628		29,646	260,274
Stockholders Equity, Shares at Dec. 31, 2010	15,472,020				(239,155)
Net income (loss)						13,003		13,003		1,763	14,766
Net change in unrealized gains(losses)			7,100					7,100		343	7,443
Total comprehensive income (loss)								20,103		2,106	22,209
Repurchases of common stock, Value					(1,011)			(1,011)		0	(1,011)
Repurchases of common stock, Shares					(122,897)
Acquire noncontrolling interests in American Independence Corp, Value	1,294	10,128	120					11,542		(12,603)	(1,061)
Acquire noncontrolling interests in American Independence Corp, Shares	1,293,446
Acquire noncontrolling interests in Wisconsin Underwriting Associates, LLC		391						391		(391)	0
Sales of certain majority owned subsidiaries								0		(1,097)	(1,097)
Common stock dividend						(807)	[2]	(807)		0	(807)	[2]
Share-based compensation expenses and related tax benefits, Value	9	201						210		0	210
Share-based compensation expenses and related tax benefits, Shares	9,074
Distributions to noncontrolling interests								0		(818)	(818)
Other capital transactions, Value		91				(70)		21		(1,776)	(1,755)
Stockholders Equity, Value at Dec. 31, 2011	$ 16,775	$ 111,814	$ 7,853		$ (2,928)	$ 127,563		$ 261,077		$ 15,067	$ 276,144
Stockholders Equity, Shares at Dec. 31, 2011	16,774,540				(362,052)

[1] net of $852 tax

[2] $0.025 per share