Navigation Links
Doctors Applaud House Vote to Remove Anti-Trust Exemption for Health Insurers

Outlawing Health Insurance Monopolies Would Be Good for Doctors, Patients

OAKLAND, Calif., Feb. 25 /PRNewswire-USNewswire/ -- "This vote is an important step towards breaking the monopoly power of some health insurers," responded Dr. Stuart Bussey, President of the Union of American Physicians and Dentists (UAPD), to the news of a vote taken Wednesday by the US House of Representatives.   The House passed the Health Insurance Industry Fair Competition Act (HR 4626), which rolls back the anti-trust exemptions that the insurance industry has enjoyed since the passage of the McCarran Ferguson Act in 1945.  Representatives voted 406-19 in favor of the bill, which received strong support from the White House earlier in the week.  The bill now moves to the Senate for consideration.

Many believe that their exemption from federal anti-trust law has allowed some players in the insurance industry to gain too much power. "Right now, the health insurance industry is highly concentrated, and the lack of competition hurts doctors as well as patients," according to Dr. Bussey of UAPD.  "When an insurer dominates the market, doctors in that area can either follow that company's rules or go out of business – the insurer gets too much power over the practice of medicine."  

Bussey is optimistic that HR 4626 could change that.  "Getting rid of the anti-trust exemption for health insurers will allow the federal government to step in to break up the monopolies that have formed.  It will open the door to competition.  It's good for everyone—except insurance industry executives."  

Introduced by Reps. Tom Perriello (D-VA) and Betsy Markey (D-CO), HR 4626 is similar to language that was included in the health care reform package that was passed by the House last year.  That language was not included in the version of the health care reform bill being considered by the Senate.  After President Barack Obama spoke favorably of HR 4626 on Tuesday, House Speaker Nancy Pelosi indicated that the bill would be brought quickly to a vote.      

The Union of American Physicians and Dentists (UAPD) is the largest union of fully-licensed doctors in the United States.  Founded in 1972, UAPD represents doctors working in both the public sector and private practice.  UAPD has a record of advocating for the repeal of the anti-trust exemptions created by the McCarran Ferguson Act.  

SOURCE Union of American Physicians and Dentists

Back to top



SOURCE Union of American Physicians and Dentists
Copyright©2010 PR Newswire.
All rights reserved

Related medicine news :

1. Doctors Practice Medicine in Fear, New Study Finds
2. Shortage of Black Doctors Rooted in Social, Economic Ills
3. Doctors Share Longevity Secrets on CBS Broadcasts
4. Doctors Working Less, Earning Less
5. Doctors Have Many Ways to Say No
6. Helmets must be part of skiing and snowboarding culture, doctors urge
7. Wiser Pregnancy Reveals What Doctors Did In Situations Like Yours
8. Water From Air Machine Providing Clean Water to Doctors, Nurses and Patients at University Hospital
9. Campaign Calls for Limits on Doctors Hours
10. Doctors miss major cause of infertility and obesity
11. Diabetes patients rank health concerns differently than their doctors, U-M survey shows
Post Your Comments:
(Date:11/26/2015)... ... 2015 , ... PRMA Plastic Surgery is updating their record books yet again ... free flap breast reconstruction surgery! , “What an accomplishment for the PRMA team, says ... and it’s an honor to have served all of these women.” , PRMA is ...
(Date:11/26/2015)... ... November 26, 2015 , ... Pixel Film Studios brings Final ... ProTrailer: Vintage. This newly styled ProTrailer pack comes with 30 all-new vintage-inspired designs, ... giving users limitless opportunities to stylize and create designs quickly and easily, all ...
(Date:11/26/2015)... ... November 26, 2015 , ... Indosoft Inc., developer and distributor ... application server to improve system efficiency and reliability. , The new Q-Suite 6 platform ... standards, the system avoids locking itself into a specific piece of software for many ...
(Date:11/25/2015)... , ... November 25, 2015 , ... ... for all, Water For Empowerment ™ attracts volunteers together who want to ... by empowering women as key stakeholders in the process. The non-profit launched its ...
(Date:11/25/2015)... MN (PRWEB) , ... November 25, 2015 , ... Finnleo, ... through Christmas Eve on several models of traditional and far-infrared saunas. , ... Nordic Spruce is the most traditional Finnish sauna wood, and Finnleo uses only European ...
Breaking Medicine News(10 mins):
(Date:11/26/2015)... Research and Markets ( ) ... Future Horizons and Growth Strategies in the Italian ... Segment Forecasts, Competitive Intelligence, Emerging Opportunities" report ... --> This new 247-page report ... drug monitoring market, including emerging tests, technologies, instrumentation, ...
(Date:11/26/2015)... , November 26, 2015 /PRNewswire/ ... announced the addition of the  "2016 ... the European Cell Surface Marker Testing ... Opportunities"  report to their offering.  ... the addition of the  "2016 Future ...
(Date:11/25/2015)... , Nov. 26, 2015  The total global healthcare industry ... over 2015-2016. Latin America has the ... , (excluding Japan ), is second with ... continues to face increased healthcare expenditure. In 2013-2014, total government ... from 43.5% in 2008-2009 to 41.2% in 2013-2014. In real ...
Breaking Medicine Technology: