I’m not sure how this is going to bring prices down. Doesn’t it actually open up the floodgates for lawyers to accuse insurance companies of anti-trust behavior, then go sue the bejeezus out of them?
I believe the problem with this is that it will be a big pay-day for trial lawyers, as literally millions of people are now free to bring suit against health insurers.
As if things weren’t bad enough, now a significant amount of insurance dollars will be expended to either fight law suits or settle them.
If Congress wants to do something equally as brilliant, they should pass a law saying all judges and elected officials are also subject to litigation from constituents.
I’d like to see how long that would fly.
Next is the NFL, MLB, NBA, and NHL?
Nice short Bill, I can support that.
I want the names of the republicans that voted against it.
that being said I’m not sure I support the McCarran-Ferguson Act.
But the health insurance industry should play by the same rules as every other industry.