Legislation introduced to subject health insurance issuers to antitrust laws

A recently introduced bill would prohibit health and medical malpractice insurance issuers from engaging in anticompetitive activities and make them subject to antitrust laws.

Under the bill, health and medical malpractice insurance issuers would be prohibited from engaging in "any form of price fixing, bid rigging, or market allocations in connection with the conduct of the business of providing health insurance coverage…or coverage for medical malpractice claims or actions."

The legislation was introduced Jan. 6 by Rep. John Conyers Jr. (D-Mich.).

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