content: 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: June 12, 1998 
  
  
  
                     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 offices)
  
  
  
  
  
                                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)
  
  <PAGE>
  
  
  
  
  
  Item 5. Other Events
  
  On June 12,  1998,  Maxicare  Health  Plans,  Inc.  issued a news
  release  announcing  non-cash   adjustments   to  1997  and  1995
  financial results and related restatement of financial statements
  for the years ended December 31, 1995, 1996, and 1997.  
  
  
  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. 99.9  - News release announcing non-    
               cash adjustments to 1997 and 1995 financial results.
  
  <PAGE>
  
  
  
  
  
  
                             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)
  
  
                          By:/s/ Richard A. Link     
                              Richard A. Link
                              Chief Financial Officer
  
  Date:  June 19, 1998
metadata_documents: [{"type": "8-K", "sequence": "1", "description": "FORM 8-K", "secsgml_size_bytes": 2269}]
metadata_filer: {"company-data": {"conformed-name": "MAXICARE HEALTH PLANS INC", "cik": "0000722573", "assigned-sic": "6324", "irs-number": "953615709", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-12024", "film-number": "98651097"}, "business-address": {"street1": "1149 S BROADWAY ST", "street2": "SUITE 910", "city": "LOS ANGELES", "state": "CA", "zip": "90015", "phone": "2137652000"}}
text: 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: June 12, 1998 
  
                     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 offices)
  
                                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)
  Item 5. Other Events
  
  On June 12,  1998,  Maxicare  Health  Plans,  Inc.  issued a news
  release  announcing  non-cash   adjustments   to  1997  and  1995
  financial results and related restatement of financial statements
  for the years ended December 31, 1995, 1996, and 1997.  
  
  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. 99.9  - News release announcing non-    
               cash adjustments to 1997 and 1995 financial results.
  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)
  
                          By:/s/ Richard A. Link     
                              Richard A. Link
                              Chief Financial Officer
  
  Date:  June 19, 1998