Efforts to expose health insurers and malpractice insurers to the brunt of antitrust laws are the result of misperceptions about the current antitrust exemption, America’s Health Insurance Plans says.
AHIP, Washington, has written to the leaders of the House and Senate judiciary committees to oppose S. 1681 and H.R. 3596, bills that seek to roll back the antitrust exemption provisions of the McCarran-Ferguson Act for health and medical malpractice insurers.
AHIP President Karen Ignagni sent the letter as the House Judiciary Committee held a hearing on the topic.
Ignagni writes that McCarran-Ferguson “does not preclude regulation of insurers, but, instead recognizes that the states play a central role in conducting oversight of health and other insurers.”
In reality, “health insurance is one of the most significantly regulated areas of the economy,” Ignagni writes.