House Bill Aims to Increase Transparency and Health Care Options Through Marketplace Competition
The
This legislation, if enacted, will amend a section of the McCarran-Ferguson Act of 1945, which exempted the insurance industry from important provisions of the Sherman Act and the Clayton Act - acts that have the purpose of ensuring fair competition. If passed, this legislation will help level the playing field between health insurers, providers, and consumers. It may also help to make health insurance more affordable for all Americans.
"It is unthinkable that the health insurance industry has been permitted to avoid accountability for so long under the laws and standards that govern other aspects of American business," said
The bill is narrowly drawn to apply only to the business of health insurance, including dental insurance. The
The bill is also co-sponsored by Rep.
On
Low Medicaid reimbursement rates negatively impacting dental care
Large verdict returned in Joplin teen texting-and-driving lawsuit
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