Obama Takes Aim At Insurance Antitrust Exemption

Law360, New York (February 23, 2010, 3:56 PM EST) -- Ahead of a scheduled bipartisan summit on health care aimed at jump-starting overhaul efforts, the White House said Tuesday it was backing proposals to revoke the insurance industry's antitrust exemption, saying the repeal would ultimately complement health care reform.

White House spokesman Robert Gibbs announced the administration's “strong support” for repealing the antitrust exemption that currently covers insurance companies at a press briefing on Tuesday.

"At its core, health reform is all about ensuring that American families and businesses have more choices, benefit from more competition...
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