Index Financial Highlights To Our Shareholders Senior Market Brokerage Career Agency Administrative Services Selected Consolidated Financial Data Management's Discussion and Analysis... Consolidated Balance Sheets Consolidated Statements of Operations Consolidated Statements of Stockholders' Equity... Consolidated Statements of Cash Flows Notes to Consolidated Financial Statements Independent Auditors' Report Market for Registrant's Common Equity... Corporate Information UNIVERSAL AMERICAN FINANCIAL CORP. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 1.  ORGANIZATION AND COMPANY BACKGROUND 2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 3.  BUSINESS COMBINATION 4.  ACQUISITION OF INSURANCE SERVICE COMPANIES 5.  INVESTMENTS 6.  INCOME TAXES 7.  EQUITY TRANSACTIONS 8.  STOCKHOLDERS' EQUITY 9.  STOCK-BASED COMPENSATION 10.  STATUTORY CAPITAL AND SURPLUS REQUIREMENTS AND DIVIDEND RESTRICTIONS 11.  REINSURANCE 12.  LOAN AGREEMENTS 13.  COMMITMENTS 14.  UNIVERSAL AMERICAN FINANCIAL CORP. 401(K) SAVINGS PLAN 15.  DISCLOSURES ABOUT FAIR VALUES OF FINANCIAL INSTRUMENTS 16.  CONDENSED QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) 17.  BUSINESS SEGMENT INFORMATION