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Posted on October 21, 2009 | tags


U.S.: Democrats shot off some major health-insurer antitrust salvo today

  • We can open up our health insurance markets to real competition and make an important contribution to the health reform efforts under way in both houses of Congress.
  • Democratic Congressman John Conyers • On the House Judiciary Committee’s decision to strip health insurers of their antitrust exemption. This is a BIG DEAL, because it means that big insurers can’t collude or price fix or do willy-nilly like they’ve been doing in the past. It means that the insurers will be subject to state AND federal regulation. They’ve had their antitrust exemption since 1945, which Senate Majority Leader Harry Reid calls “antiquated” and “an accident of American history.” The legislation will be included as part of the broader health-care legislation.  • source