House Passes Bill Removing Antitrust Exemption for Health Insurers
The bill would repeal the antitrust exemption featured in the McCarran-Ferguson Act of 1945 for the health insurance sector, but preserves the antitrust exemption for auto and property insurance.
Property/Casualty Insurers Nervous About Potential Antitrust Exemption Removal
Republicans interested in repealing the provision for health insurance cite alleged collusion in the industry and persistently high health care costs.