Defend Truth

Democrats take off the gloves, take on the insurance’s anti-trust exemption

Democrats have decided to take on the insurance industry to strip it of a long-time exemption from American antitrust laws. This could be the iron fist part of the velvet glove in the Obama administration’s efforts to enact a major health care reform package. If such proposals become law, they would, in the words of Democratic Senator Pat Leahy, end “price-fixing, bid-rigging and market allocation in the health and medical malpractice” insurance areas. Leahy is chairman of the Senate judiciary committee. He added he would seek a vote on this when the full Senate begins its debate on health care legislation soon. The House of Representatives’ judiciary committee has already voted 20-9 to end the industry’s exemption that dates back to 1945, with three Republicans supporting the move as well. These efforts reflect a growing anger over the insurance industry’s attempts to influence health care legislation and its issuance of a study, just as the finance committee was due to vote, predicting major increases in medical insurance premiums.


Please peer review 3 community comments before your comment can be posted

[%% img-description %%]

The Spy Bill: An autocratic roadmap to State Capture 2.0

Join Heidi Swart in conversation with Anton Harber and Marianne Merten as they discuss a concerning push to pass a controversial “Spy Bill” into law by May 2024. Tues 5 Dec at 12pm, live, online and free of charge.

A South African Hero: You

There’s a 99.8% chance that this isn’t for you. Only 0.2% of our readers have responded to this call for action.

Those 0.2% of our readers are our hidden heroes, who are fuelling our work and impacting the lives of every South African in doing so. They’re the people who contribute to keep Daily Maverick free for all, including you.

The equation is quite simple: the more members we have, the more reporting and investigations we can do, and the greater the impact on the country.

Be part of that 0.2%. Be a Maverick. Be a Maverick Insider.

Support Daily Maverick→
Payment options