Universal American Corp. Schedules Second Quarter Financial Results Release for Thursday, July 31st and Conference Call for Friday, August 1st

RYE BROOK, N.Y.–(EMWNews)–

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.

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