House Vote On Insurance Industry Antitrust Exemption Coming

The battle against the health insurance industry is steadily intensifying. House Democrats have formally scheduled a vote to revoke the industry's cherished antitrust protection, according to a statement from Judiciary Committee Chairman John Conyers Jr. (D-Mich.). The move comes after House Speaker Nancy Pelosi (D-Calif.) and Senate Majority Leader Harry Reid (D-Nevada) have put up a unified front, calling for an end to the anti-competitive practice. On Thursday, Pelosi noted to reporters that the Judiciary Committee had held a hearing on repealing the 1945 McCarran-Ferguson Act, which exem

 

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