To ensure that health insurance issuers and medical malpractice insurance issuers cannot engage in price fixing, bid rigging, or market allocations to the detriment of competition and consumers.
Mr. CONYERS (for himself, Mr. JOHNSON of Georgia, and Ms. DEGETTE) introduced the following bill; which was referred to the Committee on the Judiciary
November 2, 2009
Additional sponsors: Mr. ABERCROMBIE, Mr. SESTAK, Ms. SCHAKOWSKY, Mr. WELCH, Mr. NADLER of New York, Mr. VAN HOLLEN, Mr. SHULER, Ms. JACKSON-LEE of Texas, Mr. MCDERMOTT, Mr. OLVER, Ms. WATERS, Mr. ROTHMAN of New Jersey, Mr. ELLISON, Mr. SHERMAN, Mr. GONZALEZ, Mr. KENNEDY, and Ms. WASSERMAN SCHULTZ
November 2, 2009
Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed
[Strike out all after the enacting clause and insert the part printed in italic]
To ensure that health insurance issuers and medical malpractice insurance issuers cannot engage in price fixing, bid rigging, or market allocations to the detriment of competition and consumers.
SEC. 5. EXCLUSIONS.
(a) Excluded Conduct- This Act shall not apply to making a contract, or engaging in a combination or conspiracy--
(1) to collect, compile, or disseminate historical loss data;
(2) to determine a loss development factor applicable to historical loss data; or
(3) to perform actuarial services if such contract, combination, or conspiracy does not involve a restraint of trade.
(b) Definitions- For purposes of this section--
(1) the term ‘historical loss data’ means information respecting claims paid, or reserves held for claims reported, by any person engaged in the business of insurance; and
(2) the term ‘loss development factor’ means an adjustment to be made to reserves held for losses incurred for claims reported by any person engaged in the business of insurance, for the purpose of bringing such reserves to an ultimate paid basis.
Union Calendar No. 184
111th CONGRESS
1st Session
H. R. 3596
[Report No. 111-322]
A BILL
To ensure that health insurance issuers and medical malpractice insurance issuers cannot engage in price fixing, bid rigging, or market allocations to the detriment of competition and consumers.
November 2, 2009
Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed
U.S. Congress - Text of H.R.3596 as Reported in House Health Insurance Industry Antitrust Enforcement Act of 2009
