summary
Introduced
01/03/2017
01/03/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
Health Insurance Industry Antitrust Enforcement Act of 2017 This bill prohibits the McCarran-Ferguson Act from being construed to permit health insurance or medical malpractice insurance issuers to engage in price fixing, bid rigging, or market allocations in connection with providing health insurance or medical malpractice coverage. This bill amends the McCarran-Ferguson Act to provide that nothing in that Act modifies, impairs, or supersedes the operation of antitrust laws with respect to the business of health insurance. Prohibitions of unfair methods of competition apply to the business of health insurance without regard to whether the business is for profit.
AI Summary
This bill prohibits health insurance and medical malpractice insurance companies from engaging in anti-competitive practices such as price fixing, bid rigging, and market allocation. It amends the McCarran-Ferguson Act, which previously exempted the insurance industry from federal antitrust laws, to restore the application of antitrust laws to the health insurance sector. The bill aims to promote competition and protect consumers in the health insurance and medical malpractice insurance markets.
Committee Categories
Justice
Sponsors (1)
Last Action
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law. (on 01/23/2017)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/115th-congress/house-bill/143/all-info |
| BillText | https://www.congress.gov/115/bills/hr143/BILLS-115hr143ih.pdf |
| Bill | https://www.congress.gov/115/bills/hr143/BILLS-115hr143ih.pdf.pdf |
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