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House Vote On Insurance Industry Antitrust Exemption Coming



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Ryan Grim at Huff Post reports that the effort to repeal the health insurance industry's antitrust exemption is gaining steam on the Hill:

The battle against the health insurance industry is steadily intensifying. House Democrats have formally scheduled a vote to revoke the industry's cherished antitrust protection, according to a statement from Judiciary Committee Chairman John Conyers Jr. (D-Mich.). The move comes after House Speaker Nancy Pelosi (D-Calif.) and Senate Majority Leader Harry Reid (D-Nevada) have put up a unified front, calling for an end to the anti-competitive practice.

On Thursday, Pelosi noted to reporters that the Judiciary Committee had held a hearing on repealing the 1945 McCarran-Ferguson Act, which exempts the insurance industry from antitrust laws.

Conyers announced Friday he'd take it to the next level and hold a vote on October 21.


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