Huh?? Republicans all in on bill to force Anti-Trust laws again on Insurance companies?!?!?

[Bengus81]

It passed the House just a bit ago. Am I reading this right?? Very few Nay votes. WTF??

The Competitive Health Insurance Reform Act (HR372) would make health payers liable to federal antitrust laws that protect consumers and competitors from unfair business practices

“It is the purpose of this Act to ensure that health insurance issuers are subject to the same antitrust and unfair trade practices laws that all businesses have had to comply with and to more effectively ensure that these issuers would be subject to Federal laws against price fixing, bid rigging, or market allocations to the detriment of competition and consumers,” reads the proposed bill.

[haele]

1. Read the bill carefully. They tend to put titles on bills that are the opposite of what it does.

It's probably a bill that removes Anti-Trust laws from Insurance companies, so long as they all become a subsidiary of a newly formed "Patriotic American Insurance, Investment, and Banking Company, INC.", - with the Board of Directors being members of the Departments of Treasury and Commerce, with charter private shareholders being other former Goldman-Sachs...er...Executive Branch heads and select Members of Congress.

Haele

[PoliticAverse]

2. Yes. You are referring to HR 372, which passed 416-7...

HR 372 text: https://www.congress.gov/bill/115th-congress/house-bill/372/text
Vote: http://clerk.house.gov/evs/2017/roll184.xml

[Bengus81]

3. Here's a link from a couple weeks ago...

http://healthpayerintelligence.com/news/bill-would-make-health-insurance-liable-for-antitrust-laws