US HB617 | 2017-2018 | 115th Congress

Status

Spectrum: Partisan Bill (Democrat 10-0)
Status: Introduced on January 24 2017 - 25% progression, died in committee
Action: 2017-01-24 - Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Pending: House Subcommittee on Regulatory Reform, Commercial And Antitrust Law Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Health Insurance Industry Fair Competition Act This bill amends the McCarran-Ferguson Act to declare that nothing in that Act modifies, impairs, or supersedes the operation of antitrust laws with respect to the business of health insurance. This declaration does not apply to a contract, combination, or conspiracy to: (1) collect, compile, or disseminate historical loss data; (2) determine a loss development factor for historical loss data; or (3) perform actuarial services if the collaboration does not involve a restraint of trade. Prohibitions against unfair methods of competition apply to the business of health insurance without regard to whether the business is for profit.

Tracking Information

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Title

Health Insurance Industry Fair Competition Act

Sponsors


History

DateChamberAction
2017-01-24HouseReferred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
2017-01-24HouseReferred to the House Committee on the Judiciary.
2017-01-24HouseSponsor introductory remarks on measure. (CR H616)
2017-01-24HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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