House Democrats are planning a vote next week on legislation that would repeal the McCarran-Ferguson Act anti-trust laws exemption for health care and medical malpractice insurers.
The health insurance industry reported a decline of 12.4 percent in net income, to $8.2 billion, as of Sept. 30, compared to the same period in 2008, according to a new analysis by Highline Data.
Sen. Patrick Leahy, D-Vt., said an amendment to repeal the antitrust exemption that exists for health and medical malpractice insurers will be offered during action on proposed health care reform legislation.
With a health care reform bill already passed by the House earlier this month, and with the Senate giving the green light to debate its own very different proposal after Thanksgiving, it looks like legislation might yet be passed after all.
The latest "Saw" movie channels public wrath against health insurers by targeting those in claims, yet another example of how pop culture capitalizes on the industry's poor reputation, says NU Editor Sam Friedman on his blog at www.NUSamSoapBox.com.
The bill approved by the House Judiciary Committee repealing health and malpractice insurers' limited exemption from antitrust laws will not impact health insurers' credit ratings, said Moody's Investors Service.
Officials of America's Health Insurance Plan are apparently extending an olive branch to Senate Democratic leaders in an effort to re-open talks aimed at reshaping the health care reform legislation passed by a Senate panel earlier this week.
The Senate majority leader and the chairman of the Senate Judiciary Committee today urged support for legislation that would repeal the antitrust exemption provided health insurers through the McCarran-Ferguson Act.
The health insurance industry is very nervous about the reform bills making their way through Congress, and rightfully so, as lawmakers are getting cold feet ...
If a reform bill strips them of their ability to underwrite medical risks, what value do health insurers add to the equation besides costs, asks NU Editor In Chief Sam Friedman in his blog today at www.NUSamSoapBox.com.