11.01.2009 Congress Sets Its Sights on the Insurance Industry’s McCarran Ferguson Act Antitrust Exemption
11. 2009Over the years the insurance industry’s antitrust exemption, created in 1945 by the McCarran Ferguson Act (15 USC §1012(b)), has been the focus of numerous repeal efforts — none of which have ultimately resulted in any change to McCarran. However, by sweeping McCarran repeal into the current health care reform debate, the 111th Congress may finally succeed where others have failed.
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