03.01.2010 House Once Again Passes McCarran Repeal Legislation
03. 2010For 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.
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