Post by agito on Feb 22, 2010 20:16:47 GMT -6
hell- it looks like a good plan "A" if you ask me, and it's only 2 pages.
111TH CONGRESS
2D SESSION H. R. ll
To restore the application of the Federal antitrust laws to the business
of health insurance to protect competition and consumers.
IN THE HOUSE OF REPRESENTATIVES
Mr. PERRIELLO (for himself and ll) introduced the following bill; which
was referred to the Committee on llllllllllllll
A BILL
To restore the application of the Federal antitrust laws to
the business of health insurance to protect competition
and consumers.
1 Be it enacted by the Senate and House of Representa2
tives of the United States of America in Congress assembled,
3 SECTION 1. SHORT TITLE.
4 This Act may be cited as the ‘‘Health Insurance In5
dustry Fair Competition Act’’.
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February 8, 2010 (5:10 p.m.)
F:\M11\PERRIE\PERRIE_031.XML
f:\VHLC\020810\020810.028.xml (460464|1)
2
1 SEC. 2. RESTORING THE APPLICATION OF ANTITRUST
2 LAWS TO HEALTH SECTOR INSURERS.
3 (a) AMENDMENT TO MCCARRAN-FERGUSON ACT.—
4 Section 3 of the Act of March 9, 1945 (15 U.S.C. 1013),
5 commonly known as the McCarran-Ferguson Act, is
6 amended by adding at the end the following:
7 ‘‘(c) Nothing contained in this Act shall modify, im8
pair, or supersede the operation of any of the antitrust
9 laws with respect to the business of health insurance. For
10 purposes of the preceding sentence, the term ‘antitrust
11 laws’ has the meaning given it in subsection (a) of the
12 first section of the Clayton Act, except that such term in13
cludes section 5 of the Federal Trade Commission Act to
14 the extent that such section 5 applies to unfair methods
15 of competition.’’.
16 (b) RELATED PROVISION.—For purposes of section
17 5 of the Federal Trade Commission Act (15 U.S.C. 45)
18 to the extent such section applies to unfair methods of
19 competition, section 3(c) of the McCarran-Ferguson Act
20 shall apply with respect to the business of health insurance
21 without regard to whether such business is carried on for
22 profit, notwithstanding the definition of ‘‘Corporation’’
23 contained in section 4 of the Federal Trade Commission
24 Act.
111TH CONGRESS
2D SESSION H. R. ll
To restore the application of the Federal antitrust laws to the business
of health insurance to protect competition and consumers.
IN THE HOUSE OF REPRESENTATIVES
Mr. PERRIELLO (for himself and ll) introduced the following bill; which
was referred to the Committee on llllllllllllll
A BILL
To restore the application of the Federal antitrust laws to
the business of health insurance to protect competition
and consumers.
1 Be it enacted by the Senate and House of Representa2
tives of the United States of America in Congress assembled,
3 SECTION 1. SHORT TITLE.
4 This Act may be cited as the ‘‘Health Insurance In5
dustry Fair Competition Act’’.
VerDate Nov 24 2008 17:10 Feb 08, 2010 Jkt 000000 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 C:\TEMP\PERRIE_031.XML HOLCPC
February 8, 2010 (5:10 p.m.)
F:\M11\PERRIE\PERRIE_031.XML
f:\VHLC\020810\020810.028.xml (460464|1)
2
1 SEC. 2. RESTORING THE APPLICATION OF ANTITRUST
2 LAWS TO HEALTH SECTOR INSURERS.
3 (a) AMENDMENT TO MCCARRAN-FERGUSON ACT.—
4 Section 3 of the Act of March 9, 1945 (15 U.S.C. 1013),
5 commonly known as the McCarran-Ferguson Act, is
6 amended by adding at the end the following:
7 ‘‘(c) Nothing contained in this Act shall modify, im8
pair, or supersede the operation of any of the antitrust
9 laws with respect to the business of health insurance. For
10 purposes of the preceding sentence, the term ‘antitrust
11 laws’ has the meaning given it in subsection (a) of the
12 first section of the Clayton Act, except that such term in13
cludes section 5 of the Federal Trade Commission Act to
14 the extent that such section 5 applies to unfair methods
15 of competition.’’.
16 (b) RELATED PROVISION.—For purposes of section
17 5 of the Federal Trade Commission Act (15 U.S.C. 45)
18 to the extent such section applies to unfair methods of
19 competition, section 3(c) of the McCarran-Ferguson Act
20 shall apply with respect to the business of health insurance
21 without regard to whether such business is carried on for
22 profit, notwithstanding the definition of ‘‘Corporation’’
23 contained in section 4 of the Federal Trade Commission
24 Act.