Posted on October 30, 2009 by Debra A. McCurdy

House Panel Approves Bill to End Insurance Anti-Trust Protections

The House Judiciary Committee has passed H.R. 3596, the Health Insurance Industry Antitrust Enforcement Act of 2009. H.R. 3596 would prohibit companies that provide health and medical malpractice insurance from price fixing, bid rigging, or allocating markets while providing coverage for health insurance or medical malpractice claims. The Congressional Budget Office (CBO) estimates that the legislation would have no significant effect on the premiums that private insurers would charge for health insurance, in part because state laws already bar the activities that would be banned under federal law. 

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