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UNITED WISCONSIN SERVICES, INC. DECLARES QUARTERLY DIVIDEND

 MILWAUKEE, Feb. 24 /PRNewswire/ -- The board of directors of United Wisconsin Services, Inc. (NASDAQ: UWSI) today declared a quarterly dividend on its common stock of $.12 per share. This dividend is payable on March 24, 1993 to shareholders of record at the close of business on March 10, 1993.
 As in previous quarters, the dividends paid to UWSI's parent company, Blue Cross & Blue Shield United of Wisconsin (BC&BSUW), which owns approximately 81 percent of the outstanding shares of common stock of UWSI, will be returned to UWSI in the form of a capital contribution.
 United Wisconsin Services, Inc., formerly a wholly owned subsidiary of Blue Cross & Blue Shield United of Wisconsin, is a leading Midwest based provider of managed care services and insurance products.
 Compcare Health Services Insurance Corporation, a wholly owned subsidiary of United Wisconsin Services, is Wisconsin's largest and oldest health maintenance organization. In addition, UWSI has a joint venture agreement with American Medical Security, Inc., which markets and administers, on behalf of UWSI, low cost health insurance to employers with typically 25 or fewer employees. In addition to health insurance, UWSI, through the United Wisconsin Group, also underwrites and markets long-term and short-term disability, vision, life, workers' compensation and other insurance. Through various other subsidiaries, UWSI also markets managed care services and computer software for electronic claims processing to health care providers.
 -0- 2/24/93
 /CONTACT: Tom Luljak, director, corporate communications for UWSI, 414-226-5756/
 (UWSI)


CO: United Wisconsin Services, Inc. ST: Wisconsin IN: HEA INS SU: DIV

AL -- MN014 -- 0039 02/24/93 15:42 EST
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Publication:PR Newswire
Date:Feb 24, 1993
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