Bill

Bill > HR911


US HR911

US HR911
Competitive Health Insurance Reform Act of 201


summary

Introduced
In Committee
Crossed Over
Passed
Dead

Introduced Session

113th Congress

Bill Summary

Competitive Health Insurance Reform Act of 201

AI Summary

This bill, the Competitive Health Insurance Reform Act of 2013, aims to restore the application of federal antitrust laws to the health insurance industry, which was previously granted an exemption in 1945 by the McCarran-Ferguson Act. The bill's purpose is to ensure that health insurance companies are subject to the same laws against unfair competition, price fixing, bid rigging, and market allocation that other businesses must follow, thereby protecting consumers. It clarifies that the term "antitrust laws" includes provisions of the Clayton Act and Section 5 of the Federal Trade Commission Act, which addresses unfair methods of competition, specifically for the business of health and dental insurance, while excluding life insurance and property or casualty insurance. Enforcement of these laws would remain with state and federal agencies, as well as through private lawsuits by harmed consumers.

Committee Categories

Justice

Sponsors (18)

Last Action

Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law. (on 04/08/2013)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...