December 22, 2020
Washington — The Senate on Dec. 22 voted to repeal the McCarran-Ferguson antitrust exemption for health insurance companies by passing HR 1418, the Competitive Health Insurance Reform Act.
The House passed the bill on Sept. 21. President Donald J. Trump is expected to sign the bill into law later this week.
The ADA has been a “longtime advocate of this bill that would reform the McCarran-Ferguson Act of 1945 to ensure that health insurance companies are subject to the same federal antitrust laws that nearly all other industries must comply with in the U.S.,” the Association wrote