American Independence Corp. and Subsidiaries - Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $) In Thousands	9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 2,544	$ 2,656
Adjustments to reconcile net income to net change in cash from operating activities:
Net realized investment gains	(323)	(445)
Other-than-temporary impairment loss	20	29
Amortization and depreciation	645	646
Equity (income) loss	(13)	29
Deferred tax expense	1,068	1,053
Non-cash stock compensation expense	34	57
Change in operating assets and liabilities:
Change in insurance reserves	204	(2,910)
Change in net amounts due from and to reinsurers	(1,488)	855
Change in accrued fee income	104	(360)
Change in premiums receivable	1,861	802
Change in income taxes	(67)	(66)
Change in other assets and other liabilities	(2,818)	(1,589)
Net cash provided by operating activities of continuing operations	1,771	757
Net cash used by operating activities of discontinued operations	0	(93)
Net cash provided by operating activities	1,771	664
CASH FLOWS FROM INVESTING ACTIVITIES:
Change in net amount due from and to securities brokers	(1,139)	(884)
Net sales of securities under resale and repurchase agreements	3,013	1,020
Sales of and principal repayments on fixed maturities	20,842	26,095
Maturities and other repayments of fixed maturities	3,150	7,754
Purchases of fixed maturities	(24,501)	(37,342)
Sales of equity securities	5,973	6,408
Purchases of equity securities	(8,329)	(5,519)
IPA Acquisition	(450)	0
Net cash used by investing activities	(1,441)	(2,468)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of stock options	57	45
Repurchase of common stock	0	(60)
Net cash provided (used) by financing activities	57	(15)
Increase (decrease) in cash and cash equivalents	387	(1,819)
Cash and cash equivalents, beginning of period	2,614	4,073
Cash and cash equivalents, end of period	3,001	2,254
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for income taxes	$ 6	$ 7