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<TITLE>Filed by Bowne Pure Compliance</TITLE>
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<P style="font-size: 14pt" align="center"><B>UNITED STATES<BR>
SECURITIES AND
EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P style="font-size: 18pt" align="center"><B>FORM 8-K</B>

<P style="font-size: 12pt" align="center"><B>CURRENT REPORT<BR>
Pursuant to
Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P style="font-size: 10pt" align="center"><B>Date of Report (Date of earliest
event reported): November 13, 2008</B>


<P style="font-size: 24pt" align="center"><B>Alliance HealthCard,
Inc.<BR>
</B><FONT style="font-size: 10pt">(Exact name of registrant as
specified in its charter) </FONT>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="32%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="32%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>GEORGIA</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>000-30099</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>58-2445301</B></TD>
 </TR>
 <TR valign="top">
  <TD>(State or other Jurisdiction of Incorporation)</TD>
  <TD>&nbsp;</TD>
  <TD>(Commission File Number)</TD>
  <TD>&nbsp;</TD>
  <TD>(IRS Employer Identification No.)</TD>
 </TR>

</TABLE>
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cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="49%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="49%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>900 36th Avenue NW, Suite
105, Norman, OK<BR>
</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>73072</B></TD>
 </TR>
 <TR valign="top">
  <TD>(Address of Principal Executive Offices)</TD>
  <TD>&nbsp;</TD>
  <TD>(Zip Code)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="center">Registrant&#8217;s telephone number,
including area code: <B>(405) 579-8525</B>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="30%" border="0">

 <TR>
  <TD width="100%">&nbsp;</TD>
 </TR>
 <TR>
  <TD style="border-bottom: #000000 1px solid" nowrap><B>3500 Parkway Lane,
Suite 720, Norcross, GA 30092<BR>
</B></TD>
 </TR>
 <TR>
  <TD nowrap>(Former name or former address if changed since last report.)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="left">Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions:

<P style="font-size: 10pt" align="left"><FONT face="Wingdings">o</FONT> Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)<BR>
<BR>
<FONT face="Wingdings">o</FONT> Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>


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style="font-size: 1pt; width: 100%; border-bottom: black 2pt solid">&nbsp;</DIV>
</DIV>

<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">1
</DIV>

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<P>
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border="0">

 <TR
style="font-size: 10pt; background: none transparent scroll repeat 0% 0%; color: #000000"
valign="top">
  <TD nowrap align="left" width="3%"><B>Item&nbsp;1.01.</B></TD>
  <TD width="1%">&nbsp;</TD>
  <TD><B>Entry into a Material Definitive Agreement.</B></TD>
 </TR>

</TABLE>


<P style="font-size: 10pt; text-indent: 3%" align="left">On November&nbsp;13,
2008, Alliance HealthCard, Inc. (the &#8220;Registrant&#8221;) entered into an
Agreement and Plan of Merger (the &#8220;Merger Agreement&#8221;), among the
Registrant; Access/Alliance Acquisition Corp., an Oklahoma corporation and a
wholly-owned special purpose subsidiary of the Registrant (&#8220;Acquisition
Corp&#8221;); and Access Plans USA Inc., an Oklahoma corporation
(&#8220;AUSA&#8221;). The Merger Agreement provides that, upon the terms and
subject to the conditions set forth therein, AUSA will merge with and into
Acquisition Corp, with AUSA continuing as the surviving entity as a
wholly-owned subsidiary of the Registrant.

<P style="font-size: 10pt; text-indent: 3%" align="left">When the Merger
becomes effective (the &#8220;Effective Time&#8221;) all the outstanding
capital stock of AUSA will be converted into the right to receive
7.25&nbsp;million shares of the Registrant&#8217;s Common Stock, $.001 par
value per share (&#8220;Registrant Stock). The 7,250,000 shares of ALHC Common
Stock shall be reduced by any net direct divesture cost attributable to the
divesture of the Access HealthSource, Inc., currently known and referenced as
the Regional Healthcare Division of AUSA on the basis of one share of ALHC
Common Stock for each two dollars ($2.00) of the Net Divesture Cost. As a
result of the Merger, the AUSA stockholders will own approximately 33% of Registrant&#8217;s
outstanding Common Stock.

<P style="font-size: 10pt; text-indent: 3%" align="left">The 7.25&nbsp;million
shares of Registrant Common Stock to be issued in the Merger Agreement will be
registered under the Securities Act of 1933 (the &#8220;Securities Act&#8221;).

<P style="font-size: 10pt; text-indent: 3%" align="left">The Merger Agreement
provides that after the Effective Date, the Board of Directors of the
Registrant will consist of seven members four of whom shall be independent
directors within the meaning of the Marketplace Rules of the NASDAQ Stock
Market, Inc. AUSA shall have the right to appoint two directors to the Board of
Directors in replacement of two of the currently serving non-independent
directors of its choosing. Those AUSA appointed directors shall serve for terms
ending no earlier than the 2010 annual shareholders meeting. As of the date of
this Agreement, AUSA has selected J. French Hill and Russell Cleveland to serve
on the Board of Directors of the Registrant in replacement of Robert Garces and
Thomas Kiser

<P style="font-size: 10pt; text-indent: 3%" align="left">The Registrant and
AUSA have made customary representations, warranties, and covenants in the
Merger Agreement, including, among others, covenants to conduct their
respective businesses in the ordinary course consistent with past practice
during the interim period between the execution of the Merger Agreement and
consummation of the Merger and not to engage in certain kinds of transactions
during such period. In addition, AUSA and the Registrant made certain
additional customary covenants, including, among others, covenants not to
solicit proposals relating to alternative business combination transactions or
enter into discussions concerning or provide confidential information in
connection with any proposals for alternative business combination transactions.

<P style="font-size: 10pt; text-indent: 3%" align="left">Consummation of the
Merger is subject to approval by Access Plans shareholders, Access Plans divestiture of its Regional HealthCare division and other matters.

<P>
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%"
border="0">

 <TR
style="font-size: 10pt; background: none transparent scroll repeat 0% 0%; color: #000000"
valign="top">
  <TD nowrap align="left" width="3%"><B>Item&nbsp;9.01.</B></TD>
  <TD width="1%">&nbsp;</TD>
  <TD><B>Financial Statements and Exhibits.</B></TD>
 </TR>

</TABLE>


<P style="font-size: 10pt; margin-left: 3%" align="left">(c)&nbsp;Exhibits.

<P>
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%"
border="0">

 <TR
style="font-size: 10pt; background: none transparent scroll repeat 0% 0%; color: #000000"
valign="top">
  <TD style="background: none transparent scroll repeat 0% 0%"
width="3%">&nbsp;</TD>
  <TD nowrap align="left" width="3%">Exhibit&nbsp;99.1</TD>
  <TD width="5%">&nbsp;</TD>
  <TD>Press release of Alliance HealthCard, Inc. dated November&nbsp;13, 2008 </TD>
 </TR>

</TABLE>


<P style="font-size: 10pt; margin-left: 3%" align="left">


<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">2
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<DIV
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<P style="font-size: 10pt" align="center"><B>SIGNATURES</B>

<P style="font-size: 10pt" align="left">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.
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%"
border="0">
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  <TD width="1%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="43%">&nbsp;</TD>
  <TD width="5%">&nbsp;</TD>
  <TD width="43%">&nbsp;</TD>
 </TR>
 <TR style="font-size: 10pt" valign="bottom">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD nowrap align="left"
colspan="3">Alliance HealthCard, Inc.</TD>
 </TR>
 <TR style="font-size: 10pt" valign="bottom">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid" nowrap align="left" colspan="3"><BR>/s/ Rita W. McKeown</TD>
 </TR>
 <TR style="font-size: 10pt" valign="bottom">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD nowrap align="left"
colspan="3">Rita W. McKeown</TD>
 </TR>
 <TR style="font-size: 10pt" valign="bottom">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD nowrap align="left"
colspan="3">Chief Financial Officer</TD>
 </TR>
 <TR style="font-size: 10pt" valign="bottom">
  <TD nowrap align="left">Date:
November 14, 2008</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align="left" colspan="3">(Principal Financial Officer)</TD>
 </TR>
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<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">3
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<P style="font-size: 10pt" align="center"><B>EXHIBIT INDEX</B>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%"
border="0">
<!-- Begin Table Head -->

 <TR valign="bottom">
  <TD width="10%">&nbsp;</TD>
  <TD width="5%">&nbsp;</TD>
  <TD width="85%">&nbsp;</TD>
 </TR>
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 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">Exhibit No. </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Description</TD>
 </TR>
 <TR style="font-size: 1px">
  <TD style="border-top: #000000 1px solid" valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD style="border-top: #000000 1px solid" valign="top"
align="left">&nbsp;</TD>
 </TR>
<!-- End Table Body -->


 <TR style="font-size: 10pt; background: none transparent scroll repeat 0% 0%; color: #000000" valign="top">
  <TD nowrap align="left"><BR>Exhibit&nbsp;99.1</TD>
  <TD>&nbsp;</TD>
  <TD><BR>Press release of Alliance HealthCard, Inc. dated November&nbsp;13, 2008 </TD>
 </TR>

</TABLE>
</DIV>


<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">4
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</HTML>
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{"company-data": {"conformed-name": "ALLIANCE HEALTHCARD INC", "cik": "0001087216", "assigned-sic": "7331", "irs-number": "582445301"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-30099", "film-number": "081198276"}, "business-address": {"street1": "3500 PARKWAY LANE SUITE 310", "city": "NORCROSS", "state": "GA", "zip": "30092", "phone": "7707349255"}, "mail-address": {"street1": "3500 PARKWAY LANE", "street2": "SUITE 310", "city": "NORCROSS", "state": "GA", "zip": "30092"}}
Filed by Bowne Pure Compliance
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 (Date of earliest
event reported): November 13, 2008
Alliance HealthCard,
Inc.
(Exact name of registrant as
specified in its charter)
GEORGIA
000-30099
58-2445301
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
900 36th Avenue NW, Suite
105, Norman, OK
73072
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number,
including area code:
(405) 579-8525
3500 Parkway Lane,
Suite 720, Norcross, GA 30092
(Former name or former address if changed since last report.)
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions:
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01.
Entry into a Material Definitive Agreement.
On November 13,
2008, Alliance HealthCard, Inc. (the "Registrant") entered into an
Agreement and Plan of Merger (the "Merger Agreement"), among the
Registrant; Access/Alliance Acquisition Corp., an Oklahoma corporation and a
wholly-owned special purpose subsidiary of the Registrant ("Acquisition
Corp"); and Access Plans USA Inc., an Oklahoma corporation
("AUSA"). The Merger Agreement provides that, upon the terms and
subject to the conditions set forth therein, AUSA will merge with and into
Acquisition Corp, with AUSA continuing as the surviving entity as a
wholly-owned subsidiary of the Registrant.
When the Merger
becomes effective (the "Effective Time") all the outstanding
capital stock of AUSA will be converted into the right to receive
7.25 million shares of the Registrant's Common Stock, $.001 par
value per share ("Registrant Stock). The 7,250,000 shares of ALHC Common
Stock shall be reduced by any net direct divesture cost attributable to the
divesture of the Access HealthSource, Inc., currently known and referenced as
the Regional Healthcare Division of AUSA on the basis of one share of ALHC
Common Stock for each two dollars ($2.00) of the Net Divesture Cost. As a
result of the Merger, the AUSA stockholders will own approximately 33% of Registrant's
outstanding Common Stock.
The 7.25 million
shares of Registrant Common Stock to be issued in the Merger Agreement will be
registered under the Securities Act of 1933 (the "Securities Act").
The Merger Agreement
provides that after the Effective Date, the Board of Directors of the
Registrant will consist of seven members four of whom shall be independent
directors within the meaning of the Marketplace Rules of the NASDAQ Stock
Market, Inc. AUSA shall have the right to appoint two directors to the Board of
Directors in replacement of two of the currently serving non-independent
directors of its choosing. Those AUSA appointed directors shall serve for terms
ending no earlier than the 2010 annual shareholders meeting. As of the date of
this Agreement, AUSA has selected J. French Hill and Russell Cleveland to serve
on the Board of Directors of the Registrant in replacement of Robert Garces and
Thomas Kiser
The Registrant and
AUSA have made customary representations, warranties, and covenants in the
Merger Agreement, including, among others, covenants to conduct their
respective businesses in the ordinary course consistent with past practice
during the interim period between the execution of the Merger Agreement and
consummation of the Merger and not to engage in certain kinds of transactions
during such period. In addition, AUSA and the Registrant made certain
additional customary covenants, including, among others, covenants not to
solicit proposals relating to alternative business combination transactions or
enter into discussions concerning or provide confidential information in
connection with any proposals for alternative business combination transactions.
Consummation of the
Merger is subject to approval by Access Plans shareholders, Access Plans divestiture of its Regional HealthCare division and other matters.
Item 9.01.
Financial Statements and Exhibits.
(c) Exhibits.
Exhibit 99.1
Press release of Alliance HealthCard, Inc. dated November 13, 2008
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.
Alliance HealthCard, Inc.
/s/ Rita W. McKeown
Rita W. McKeown
Chief Financial Officer
Date:
November 14, 2008
(Principal Financial Officer)
EXHIBIT INDEX
Exhibit No.
Description
Exhibit 99.1
Press release of Alliance HealthCard, Inc. dated November 13, 2008