With all the other HCR news, you may have missed this important tidbit. (I know I did.)
House Votes To Repeal Antitrust Exemption for Health Insurance Firms
Thursday, February 25, 2010
On Wednesday, the House voted 406-19 to end a 65-year-old antitrust exemption for health insurance companies, part of Democrats’ broader strategy to revive their health reform efforts ahead of Thursday’s bipartisan health care summit, Roll Call reports (Dennis, Roll Call, 2/25).
The bill (HR 4626) would amend the 1945 McCarran-Ferguson Act, which exempts insurers from federal antitrust law if they are regulated by the states.
Granted it’s NOT the Public Option, BUT still it’s important to finally putting the brakes on the run-away rising costs of Health Care, hopefully …