Information from the Office of Insurance Regulation re Issuance of Cease & Desist Order to American Dental Care, Inc. 6/05/06

Jan 12, 2007

Please see the following communication from the Florida Office of Insurance Regulation regarding issuance of a cease and desist order to American Dental Care, Inc. Please feel free to contact this office with any questions or concerns.

Regards,

Rhett E. O’Doski

UNLICENSED DISCOUNT MEDICAL PLAN ORDERED TO CEASE OPERATIONS IN FLORIDA

TALLAHASSEE � Florida Insurance Commissioner Kevin McCarty has ordered a discount medical plan to immediately cease operations in Florida. American Dental Care, Inc., of Houston, TX, was found to be operating a discount medical plan organization without a license which is required under Florida law and using forms which do not contain necessary disclosures.

The Immediate Final Order was issued to American Dental and its proprietor Michael Mazzini. The organization�s website lists numerous dentists and optometrists throughout Southeast Florida with which it allegedly has agreements.

“Last year Florida lawmakers determined that these unauthorized plans were a threat to the health, safety and welfare of Floridians and ordered them to submit to reasonable oversight by this office,” said McCarty. “We will continue to aggressively pursue those who flaunt these requirements because we have seen too many of these plans mislead Floridians into thinking they were buying health insurance.”

Under the order American Dental and Mazzini have five days in which to notify all brokers and salespersons to cease soliciting business in Florida and must notify all subscribers or beneficiaries that the plan will be ceasing business but that all contractual obligations and claims must be honored.

To view the complete Immediate Final Order against American Dental Care, Inc. go to http://www.floir.com/pdf/americandentalcareincifo.pdf.

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