UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: September 5, 2000
MAXICARE HEALTH PLANS, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-12024 95-3615709
(State or other Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
1149 South Broadway Street
Los Angeles, California
(Address of principal executive office)
90015
(Zip Code)
(213) 765-2000
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
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5. Other Events
The Company announced on August 30, 2000 that its letter of
intent with MDB Capital Group LLC to act as standby underwriter with
respect to the Company's pending rights offering has been terminated. In
connection with the foregoing, the Company has amended the rights offering
so that, subject to limitation, those shareholders who fully subscribe to
the rights available to them in the rights offering shall have over-
subscription rights to purchase additional shares from those shares which
have not been purchased by other shareholders in the rights offering up to
a maximum of 50% of the shares which are available to the over-subscribing
shareholder in the rights offering.
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Item 7. Financial Statements and Exhibits.
(b) Exhibits.
99.1 1. Press Release dated August 30, 2000 announcing termination of
its letter of intent between MDB Capital Group LLC and Maxicare
Health Plans, Inc.
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act
of 1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
MAXICARE HEALTH PLANS, INC.
(Registrant)
Date: September 5, 2000 By:__ /s/ Richard A. Link________
Chief Financial Officer
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