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House Approves Removing Insurers’ Antitrust Exemption
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The U.S. House of Representatives today stripped health insurance companies of antitrust exemptions by a 406-19 vote.

The bill received the support of all Democrats who voted and from 153 Republicans. Nineteen Republicans voted against the bill. The Health Insurance Industry Fair Competition Act (HR 4626), sponsored by Democratic Representatives Tom Perriello of Virginia and Betsy Markey of Colorado, removes the health insurance industry’s antitrust protections under the McCarran-Ferguson Act of 1945.

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