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“Irresponsible” McCarran repeal bill unveiled
05 February 2010
US congressman Tom Perriello and congresswoman Betsy Markey today introduced a stand alone bill to remove the limited antitrust exemption for health and medical professional liability insurers.
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[mccarran-ferguson]
US congressman Tom Perriello and congresswoman Betsy Markey today introduced a stand alone bill to remove the limited antitrust exemption for health and medical professional liability insurers. Proposals to repeal the McCarran-Ferguson Act have been the subject of much debate in the midst of health care reform.
Proponents of the bill believe the act exempts insurers from state antitrust laws, which prohibit insurers from price fixing, bid rigging and restricting competition and federal law does apply in cases of boycott,...
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