X0303 4 2011-01-12 0 0000097196 AMERICAN INDEPENDENCE CORP AMIC 0000701869 INDEPENDENCE HOLDING CO 96 CUMMINGS POINT ROAD STAMFORD CT 06902 0 0 1 0 Common Stock 2011-01-12 4 P 0 200000 5 A 4464501 I See Footnote These shares are benefically owned by Madison Investors Corporation, which is an indirect wholly owned subsidiary of the Reporting Person. The Reporting Person and Madison Investors Corporation independently manage their respective portfolios. Adam C. Vandervoort 2011-01-13