RYE BROOK, N.Y.--(BUSINESS WIRE)--July 17, 2008--Universal American Corp. (NYSE: UAM) announced today that it will issue its financial results for the second quarter ended June 30, 2008 after the close of the stock market on Thursday, July 31, 2008.

Universal American's management will host a conference call at 9:30 am Eastern Daylight Time on Friday, August 1, 2008, to discuss financial results and recent corporate developments. Interested parties may participate in the call by dialing 706-679-0770. Please call in 10 minutes before the conference is scheduled to begin and ask for the Universal American call. To listen to a live webcast of the call, please go to the Company's website at www.universalamerican.com at least 15 minutes early to download and install any necessary audio software. If you are unable to listen live, the conference call webcast will be archived.

About Universal American Corp.

Universal American offers a diverse range of healthcare products - including health insurance, managed care, and prescription drug benefits - through its subsidiaries. Its companies are collectively among the leading providers of Medicare Advantage and Medicare prescription drug plans in the U.S., as over two million seniors rely on Universal American's products for their health or prescription drug coverage. For more information on Universal American, please visit our website at www.universalamerican.com.

Matters discussed in this news release and oral statements made from time to time by representatives of Universal American may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. Although Universal American believes that the expectations reflected in any forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond Universal American's ability to control or predict. Important factors that may cause actual results to differ materially and could impact Universal American and the statements contained in this news release can be found in Universal American's filings with the Securities and Exchange Commission, including quarterly reports on Form 10-Q, current reports on Form 8-K and annual reports on Form 10-K. For forward-looking statements in this news release, Universal American claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Universal American assumes no obligation to update or supplement any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT: Universal American Corp.
Robert A. Waegelein
Executive Vice President &
Chief Financial Officer
914-934-8820
or
INVESTOR RELATIONS COUNSEL:
The Equity Group Inc.
www.theequitygroup.com
Linda Latman
212-836-9609

SOURCE: Universal American Corp.