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Steven J. Shulman began serving as a director for HealthMarkets in July 2006, and is a member of the Executive Compensation Committee. He also serves as chairman and chief executive officer of Magellan Health Services, Inc. (Nasdaq:MGLN), a manager of behavioral health and radiology benefits. Prior to joining Magellan Health Services, Mr. Shulman founded IHCG, an early-stage healthcare technology venture fund, and served as its Chairman and Chief Executive Officer from 2000 to 2002. Prior to IHCG, he was employed by Prudential Healthcare, Inc. as its Chairman, President and Chief Executive Officer from 1997 to 1999. Prior to his tenure at IHCG, Mr. Shulman co-founded Value Health, Inc., a New York Stock Exchange-listed specialty managed health care company, and served as President of its Pharmacy and Disease Management Group and director from 1991 to 1997. Mr. Shulman is a member of the board of directors of IHCG, Digital Insurance, a private employee benefit service company, and BenefitPoint Inc., a private insurance software company. Mr. Shulman holds a B.S. in Economics and MS in Health Administration from State University of Stony Brook (NY). | 