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Keep Antitrust Exemption For Med Mal, Insurer Groups' Urge Federal Lawmakers

Federal lawmakers may cut a provision of proposed legislation that seeks to end the antitrust exemption for medical malpractice insurers afforded by the McCarran-Ferguson Act exemption, according to insurance industry sources.

By Arthur D. Postal | Updated on February 07, 2010

Federal lawmakers may cut a provision of proposed legislation that seeks to end the antitrust exemption for medical malpractice insurers afforded by the McCarran-Ferguson Act exemption, according to insurance industry sources.

Rep. Tom Perriello, D-Va., and Rep. Betsy Markey, D-Colo., announced the proposed bill at a press conference on Feb. 5, in anticipation of a House vote last week.

In announcing their plans, the two members said, “It’s time for Washington to decide whether we stand with patients or profiteering, whether we believe in market competition or collusion between politicians and insurance monopolies.”

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