Health Insurance Industry Fair Competition Act

1/11/2023, 1:31 PM

Health Insurance Industry Fair Competition Act

Amends the McCarran-Ferguson Act to declare that nothing in that Act modifies, impairs, or supersedes the operation of antitrust laws with respect to the business of health insurance.

Applies prohibitions against using unfair methods of competition to the business of health insurance without regard to whether the business is for profit.

Congress
114

Number
HR - 2462

Introduced on
2015-05-20

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

5/20/2015

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Health Insurance Industry Fair Competition Act

Amends the McCarran-Ferguson Act to declare that nothing in that Act modifies, impairs, or supersedes the operation of antitrust laws with respect to the business of health insurance.

Applies prohibitions against using unfair methods of competition to the business of health insurance without regard to whether the business is for profit.

Alternative Names
Official Title as IntroducedTo restore the application of the Federal antitrust laws to the business of health insurance to protect competition and consumers.

Policy Areas
Health

Potential Impact
Competition and antitrust
Health care costs and insurance
Insurance industry and regulation

Comments

Recent Activity

Latest Summary6/4/2015

Health Insurance Industry Fair Competition Act

Amends the McCarran-Ferguson Act to declare that nothing in that Act modifies, impairs, or supersedes the operation of antitrust laws with respect to the business of health insurance....


Latest Action6/16/2015
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.