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H.R. 4626: Health Insurance Industry Fair Competition Act

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Health Care

While the House, Senate and President continue working to reach agreement on a comprehensive health care legislation, the House last week adopted an important provision of the reform bill passed in the fall. H.R. 4626: Health Insurance Industry Fair Competition Act.

In general, competition in any industry stabilizes rates and increases the quality of services provided. But the health insurance industry has been exempt from federal antitrust laws since the 1940ís. This just doesnít make sense. The House voted 406 to 19 to repeal that exemption. By removing this artificial protection, the Department of Justice and the Federal Trade Commission will now have the authority to investigate claims of collusion on pricing within the health insurance industry. I voted YES. H.R. 4626 passed and the entire vote is recorded below:

I voted YES. H.R. 4626 passed and the entire vote is recorded below:

  YEA NAY PRESENT NOT VOTING
DEMOCRAT

253

0

0

2

REPUBLICAN

153

19

0

6

TOTAL

406

19

0

8

MASSACHUSETTS
DELEGATION

10

0

0

0



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