SEC Schedule V, Article 12-09, Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2011

SEC Schedule, Article 12-09, Valuation and Qualifying Accounts

Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]

SCHEDULE V

AMERICAN INDEPENDENCE CORP.

STATEMENTS OF CASH FLOWS

VALUATION AND QUALIFYING ACCOUNTS

(In thousands)

		Balance at		Charged to		Charged to
		Beginning		Costs and		Other				Balance at
		Of Period		Expenses		Accounts		Deductions		End of Period
Valuation Allowance on Deferred
	Tax Asset:
Year ended December 31, 2011		$	86,059	$	(411)	$	-	$	(983) (a)	$	84,665
Year ended December 31, 2010		$	86,384	$	(325)	$	-	$	-	$	86,059
Year ended December 31, 2009		$	87,515	$	(1,131)	$	-	$	-	$	86,384

Net Liabilities Associated with
	Discontinued Operations:
Year ended December 31, 2011		$	-	$	-	$	-	$	-	$	-
Year ended December 31, 2010		$	106	$	-	$	-	$	106	$	-
Year ended December 31, 2009		$	366	$	-	$	-	$	260	$	106

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(a) Decrease due to deferred tax assets no longer required.