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Atlantis Recapitalization Update
1/7/11 - Atlantis Health Plan (“Atlantis”) has just announced that its recapitalization plan has been completed. Atlantis emerges from its financial difficulties as a properly capitalized and compliant New York State HMO. The completion of the recapitalization allows Atlantis to move forward in its mission to provide affordable health insurance to the New York City market. Atlantis plans to accept new members for February 1, 2011 effective dates and forward.