Note 16. Share-based Compensation: Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions (Tables)

12 Months Ended

Dec. 31, 2012

Independence Holding Company Share Based Plans Total Member

Tables/Schedules

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

	2010
Weighted-average risk-free interest rate	2.3%
Annual dividend rate per share	0.5%
Weighted-average volatility factor of the
Company's common stock	45.0%
Weighted-average expected term of options	4.5 years

American Independence Corp Share Based Plans Total Member

Tables/Schedules

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

	2011	2010
Weighted-average risk-free interest rate	3.11	3.69
Annual dividend rate per share	-	-
Weighted-average volatility factor of the Company's common stock	36.89%	45.0%
Weighted-average expected term of options	5 years	5 years