HR 617 115th Congress House Health Competition and antitrust Health care costs and insurance Insurance industry and regulation

Health Insurance Industry Fair Competition Act

Introduced: January 24, 2017 See on congress.gov

Everywhere this bill has been 4 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jan 24, 2017

Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

Jan 24, 2017

Referred to the House Committee on the Judiciary.

Jan 24, 2017

Sponsor introductory remarks on measure. (CR H616)

Jan 24, 2017

Introduced in House

Plain-English summary Congressional Research Service

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.

What's happening now January 24, 2017

Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

Committees of jurisdiction 2