Bill > HR99

This bill, the Health Insurance Industry Antitrust Enforcement Act of 2013, clarifies that existing antitrust laws, which prohibit practices like price fixing (agreeing on prices), bid rigging (manipulating bids), and market allocations (dividing up customers or territories), apply to health insurance companies and those providing medical malpractice insurance. It specifically amends the McCarran-Ferguson Act, a law that previously granted some antitrust exemptions to the insurance industry, to ensure it cannot be used to shield health insurers from these antitrust prohibitions. The bill also explicitly states that the antitrust laws, including those against unfair methods of competition enforced by the Federal Trade Commission (FTC), apply to the business of health insurance regardless of whether it operates for profit.