Incredibly, bill to end health care insurers' anti-trust exemption gaining steam in Congress

Filed under: Politics

Sometimes, in American politics/public policy, the unexpected occurs. A year ago, if you had said health care reform in 2009 would lead to the end of the health insurance industry's anti-trust exemption, you probably would have been classified as a candidate for 24-hour observation.

It still hasn't become law yet, but on Wednesday the above took one more step toward becoming reality as the U.S. House Judiciary Committee approved a bill that would curb the health insurance industry's limited exemption from antitrust law and would allow the U.S. Justice Department to enforce laws relating to price fixing and market allocation, The New York Times reported. The committee voted 20-9 in favor of the measure, with three Republicans joining 17 Democrats.

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Incredibly, bill to end health care insurers' anti-trust exemption gaining steam in Congress originally appeared on BloggingStocks on Thu, 22 Oct 2009 17:30:00 EST. Please see our terms for use of feeds.

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