The Latest Swipe At Insurers' Antitrust Exemption

Law360, New York (March 2, 2010, 3:46 PM EST) -- For the second time in three months, the House of Representatives has passed legislation that would repeal the health insurance industry’s antitrust exemption, provided for in the McCarran Ferguson Act (15 USC §1012 et seq.).

By an overwhelming 406-19 vote, the House passed the “Health Insurance Industry Fair Competition Act” (H.R. 4626) on Feb. 24, once again threatening to send the insurance industry’s antitrust exemption — which it has enjoyed for 65 years — into retirement.

McCarran Repeal Rises from the Ashes

Last November, the House...
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