EXHIBIT C

                            LETTER TO ISSUER'S BOARD

                                  CLINTON GROUP

6/26/2007



HealthSpring, Inc.
44 Vintage Way
Suite 300
Nashville, Tennessee 37228

Attention: Board of Directors

Gentlemen:

As of today, funds and accounts managed by Clinton Group Inc. ("Clinton")
currently beneficially own approximately 5% of the outstanding shares of
HealthSpring, Inc.

Two weeks ago, we sent the attached letter to Mr. Herbert A. Fritch describing
our thoughts on opportunities to increase shareholder value. Despite what we
believe is a prudent proposal designed to enhance shareholder value, we have not
heard back from Mr. Fritch, so we deemed it appropriate to forward this letter
to your attention as well.

Please feel free to contact me at your convenience at (212) 377-4224 or my
colleague, Joseph De Perio, at (212) 739-1833 to discuss our proposal as well as
any and all issues. We look forward to hearing from you.

Sincerely,


/s/ Conrad Bringsjord
Conrad Bringsjord
Senior Managing Director