Sorry this is a tad old, but I have a sadness that cannot be named, and thought I'd post some good news that I just noticed. This and the Franken one from today... being good news... to counter-act the sadness... that cannot be named... :hide:
Leahy Amendment Would Repeal Antitrust Exemption For Health Insurers5/5/2010 4:01 PM ET
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(RTTNews) - Senator Patrick Leahy, D-Ver., Wednesday filed an amendment to the pending Wall Street reform legislation that would repeal the health insurance industry's exemption from federal antitrust laws.
The Health Insurance Industry Antitrust Enforcement Act would overturn the long-held exemption from federal antitrust laws enjoyed by health insurers.
"The recent economic crisis showed all of us that corporations do not act responsibly without adequate oversight," Leahy said.
He added, "It is important to remember that there is another industry that is not required even to play by the same rules of competition as everyone else. Benefiting from a six-decade-old special interest exemption, the health insurance industry is not subject to the Nation's antitrust laws."
"Large corporate interests impact the daily lives of hardworking Americans and must be regulated," Leahy said. "When any large corporation acts irresponsibly, whether it is a financial institution or a health insurance company, Americans pay the price."
He argued that his legislation would "repeal the health insurers' antitrust exemption and ensure that they follow basic rules of fair competition."
The Senator originally introduced the legislation in September 2009 and hoped to integrate it into the health care reform legislation passed earlier in the year, but it did not make it into the final bill.
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Link:
http://www.rttnews.com/Content/PoliticalNews.aspx?Node=B1&Id=1293962:patriot:
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