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House passes bill repealing health insurers' antitrust exemption

House passes bill repealing health insurers' antitrust exemption
February 24, 2010

The House today voted 406-19 to approve the Health Insurance Industry Fair Competition Act (H.R. 4626). Introduced by Reps. Tom Perriello (D-VA) and Betsy Markey (D-CO), the legislation would repeal the antitrust exemption available to health insurers for anticompetitive conduct, including price fixing, bid rigging and market allocation. Expressing its support for the bill in a letter this week to House Speaker Nancy Pelosi, Judiciary Committee Chairman John Conyers, Perriello and Markey, the AHA said "the health insurance industry should be governed by the same antitrust laws and policies that apply in other sectors of our economy, including health care. Any exemptions should be narrow and carefully tailored to achieve a procompetitive purpose."