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Health Insurance Industry Fair Competition Act

1/11/2023, 1:31 PM

Congressional Summary of HR 2462

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.

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Current Status of Bill HR 2462

Bill HR 2462 is currently in the status of Bill Introduced since May 20, 2015. Bill HR 2462 was introduced during Congress 114 and was introduced to the House on May 20, 2015.  Bill HR 2462's most recent activity was Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law. as of June 16, 2015

Bipartisan Support of Bill HR 2462

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
1
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 2462

Primary Policy Focus

Health

Potential Impact Areas

- Competition and antitrust
- Health care costs and insurance
- Insurance industry and regulation

Alternate Title(s) of Bill HR 2462

Health Insurance Industry Fair Competition Act
To restore the application of the Federal antitrust laws to the business of health insurance to protect competition and consumers.
Health Insurance Industry Fair Competition Act

Comments

Sponsors and Cosponsors of HR 2462

Peter A. DeFazio
Peter A. DeFazio
OregonDemocrat
Louise McIntosh Slaughter
Louise McIntosh Slaughter
New YorkDemocrat

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