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“senior Senate Democrats signaled they intend to try to strip the insurance industry of its exemption from antitrust laws as part of an upcoming debate over health care”
I was't aware they had an exemption to begin with, I doubt that's common knowledge. Nice for them..
Thanks for the link CS. I especially enjoyed this part:
The Act also provides that federal anti-trust laws will not apply to the “business of insurance” as long as the state regulates in that area, but federal anti-trust laws will apply in cases of boycott, coercion, and intimidation.”
Well, I guess when they keep raising premium rates through the roof, and the only options are to become less insured, uninsured, or to take a beating, then that might be considered, “coercion”.
“senior Senate Democrats signaled they intend to try to strip the insurance industry of its exemption from antitrust laws as part of an upcoming debate over health care”
I was't aware they had an exemption to begin with, I doubt that's common knowledge. Nice for them..
The price tag (a phrase consisting of two words) is still too high. As a rule, all revisions are untrustworthy until proven otherwise.
I was't aware they had an exemption to begin with. What made them so special?
I hadn't heard this before either but apparently this is the law in question.
Thanks for the link CS. I especially enjoyed this part:
The Act also provides that federal anti-trust laws will not apply to the “business of insurance” as long as the state regulates in that area, but federal anti-trust laws will apply in cases of boycott, coercion, and intimidation.”
Well, I guess when they keep raising premium rates through the roof, and the only options are to become less insured, uninsured, or to take a beating, then that might be considered, “coercion”.
Should the headline say $ 871 billion? $ 871.00 million is probably what Charlie Rangel spends to staff his office!