Washington

Legislation repealing the antitrust exemption afforded health insurers through the McCarran-Ferguson Act, but keeping the shield intact for medical malpractice carriers, was approved overwhelmingly last week by the U.S. House of Representatives.

Approval for the "Health Insurance Industry Fair Competition Act"–on a 406-19 vote–came the day before President Barack Obama convened his health reform summit with leading Democrats and Republicans, and two days after the White House released its own plan, which would give the federal government a say over health insurance rates.

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