Great news for patients and providers!
H.R. 1418, bipartisan legislation repeals the McCarran-Ferguson Act, passed in 1945, which allowed most health insurance companies to operate outside of federal antitrust laws established by the Sherman Act. Health insurers will now be subject to the same laws that other businesses are required to comply with and that prohibit unfair practices such as price fixing, price gouging, collusion and market allocations that hurt consumers.
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