SUBJECT: JASON ISRAEL EMPLOYMENT OFFER

Exhibit 10.17

UNIVERSAL AMERICAN

FINANCIAL CORP.

Jason, I am delighted that you have decided to join our team.

Following is a summary of what we discussed. Please review and let me know if this is correct and, if so, we will put it in a formal letter.

1)               Title: Chief Operating Officer, CHCS Services, Inc.

2)               Duties: Part of senior management team of UHCO, manage the operations of the TPA, UHCO corporate administrative responsibilities.

3)               Salary: $260,000 per annum, paid bi-weekly

4)               Bonus:

a.                Target Bonus: 50% of salary.

b.               Guaranteed minimum bonus for 2002 of $20,000.

c.                Target is based 70% on company hitting its earnings goats, 30% on individual performance.

d.               Bonus cycle is 1/1 to 12/31 of each year; bonus determined in March and paid in April of subsequent year, aft