In a move U.S. House leaders say will promote competition in the marketplace and additional freedom for the American people, the Congressional body has voted to strip private health insurers of their 65-year-old antitrust exemption.

The U.S. Office of Management and Budget, part of the Obama Administration, is indicating its “strong support” for a bill repealing the antitrust exemption for health insurance companies.

Medical malpractice insurance will not be affected by Congress’ consideration of changes to federal antitrust regulations.

With the drive to reform health care stuck in neutral, the U.S. House of Representatives is expected to consider a key element of its legislation later this week: the repeal of an anti-trust exemption for health and medical malpractice insurers.

The chairman of the Republican Party of Virginia applauded the members of his party – and five Democrats – in the state Senate who voted to advance bills rejecting what he calls the “health care nightmare” currently in negotiations in Washington, D.C.

With the House scheduled to begin consideration of a health reform bill proposed by three of its committees, the Independent Insurance Agents of Virginia is urging its members to speak …  Read →