House Passes Bill to Repeal Health Insurers’ Antitrust Exemption

In a rare showing of bipartisan agreement, the U.S. House voted 406-19 to repeal health plans’ exemption from federal antitrust laws, according to a release from House Speaker Nancy Pelosi.

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The insurance industry calls the measure meaningless and, indeed, the Congressional Budget Office said repeal of the exemption “would have no significant effects” on health insurance premiums.

But proponents argue that without federal enforcement, state insurance departments have allowed health plans to consolidate, dominate many markets and drive up premiums.

The Speaker reported that no state has brought any antitrust action against health insurers in the past five years and insurers have used the antitrust exemption to block court actions regarding anti-competitive behavior.

Read House Speaker Nancy Pelosi’s release on insurers’ antitrust exemption.

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