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 (Date of earliest event reported) April 28, 1997 ------------------- MAXICARE HEALTH PLANS, INC. - -------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 0-12024 95-3615709 - ---------------------------- ------------ ------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation or File Number) Identification No.) organization) 1149 South Broadway Street, Los Angeles, California 90015 - --------------------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (213) 765-2000 -------------- 1 of 4 Item 5. Other Events. ------------- Maxicare Health Plans, Inc. (the "Company") reported that it has filed an appeal with the Commonwealth of Pennsylvania Court seeking to overturn the order received by the Company on March 31, 1997 from the Commonwealth of Pennsylvania Board of Claims and to award the Company damages. In its order the Board of Claims ruled that the Company is not entitled to any recovery on its claim against the Pennsylvania Department of Public Welfare for in excess of $24 million plus accrued interest, in connection with the operation of a Medicaid managed care program from 1986 through 1989. Item 7. Financial Statements, Pro Forma Financial Information and --------------------------------------------------------- Exhibits ---------- (a) Financial Statements of Businesses Acquired. None. (b) Pro Forma Financial Information. None. (c) Exhibits. Exhibit No. 99.3 Press release re Appeal of Board of Claims Ruling 2 of 4 SIGNATURES Pursuant to the requirements of the Securities 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) April 28, 1997 /s/ EUGENE L. FROELICH ------------------------------ Eugene L. Froelich Chief Financial Officer and Executive Vice President - Finance and Administration 3 of 4