US S350

Bill

US S350

Competitive Health Insurance Reform Act of 2019

Introduced
02/06/2019

In Committee
02/06/2019

Crossed Over

Passed

Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

A bill to restore the application of the Federal antitrust laws to the business of health insurance to protect competition and consumers. This bill declares that nothing in the McCarran-Ferguson Act modifies, impairs, or supersedes the operation of antitrust laws with respect to the business of health insurance, including the business of dental insurance. This declaration does not apply to a contract, combination, or conspiracy to (1) collect, compile, or disseminate historical loss data; (2) determine a loss development factor for historical loss data; (3) perform actuarial services if the collaboration does not involve a restraint of trade; or (4) develop or disseminate a standard insurance policy form if adherence to the form is not required. Prohibitions against unfair methods of competition apply to the business of health insurance without regard to whether the business is for profit.

AI Summary

This bill, the Competitive Health Insurance Reform Act of 2019, aims to restore the application of federal antitrust laws to the business of health insurance, including dental insurance, in order to protect competition and consumers. The bill amends the McCarran-Ferguson Act to clarify that its provisions do not modify, impair, or supersede the operation of antitrust laws with respect to the health insurance industry. However, the bill includes exceptions for certain activities, such as the collection and use of historical loss data, the determination of loss development factors, and the development and dissemination of standard insurance policy forms, as long as these activities do not involve a restraint of trade. Additionally, the bill specifies that the prohibition against unfair methods of competition under the Federal Trade Commission Act applies to the business of health insurance, regardless of whether the business is for-profit.

Committee Categories

Justice

Sponsors (7)

Steve Daines (R)*, Dick Durbin (D), Cindy Hyde-Smith (R), Patrick Leahy (D), Mike Lee (R), Martha McSally (R), Sheldon Whitehouse (D),

Last Action

Read twice and referred to the Committee on the Judiciary. (on 02/06/2019)

Official Document

https://www.congress.gov/bill/116th-congress/senate-bill/350/all-info

(4 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.congress.gov/bill/116th-congress/senate-bill/350/all-info
BillText	https://www.congress.gov/116/bills/s350/BILLS-116s350is.pdf
Bill	https://www.congress.gov/116/bills/s350/BILLS-116s350is.pdf.pdf

Bill	Bill Name	Last Action	Type
HR1332	To address the high costs of health care services, prescription drugs, and health insurance coverage in the United States, and for other purposes.	Referred to the Subcommittee on Health.	Related
HR1418	Competitive Health Insurance Reform Act of 2020	Became Public Law No: 116-327.	Same As
HR8527	Fair Care Act of 2020	Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, Education and Labor, the Judiciary, Oversight and Reform, House Administration, Rules, the Budget, and Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.	Related
S4796	Fair Care Act of 2020	Read twice and referred to the Committee on Finance.	Related

Bill > S350

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Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (7)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary