Standard Management Corporation is a holding company that conducts its businesses through two distinct segments, financial services and health services. The financial services segment is primarily involved in the asset accumulation business targeting the retirement-age market. Principally through its wholly owned life insurance subsidiary, Standard Life Insurance Company of Indiana, the company develops, markets and administers annuity and life insurance products. The health services segment is operated through the company's subsidiary, U.S. Health Services Corporation, which distributes pharmaceutical products and services to institutions, point-of-care programs, contract repackaging services and consumers. Standard Management Corporation maintains a location in Los Angeles.
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