Tag: anti trust exemption

Insurance companies lose their antitrust exemption with the Passage of The Competitive Health Insurance Reform Act of 2020

Insurance companies lose their antitrust exemption with the Passage of The Competitive Health Insurance Reform Act of 2020 Insurance companies have long had an exemption from anti-trust violations as a result of a 1944 Supreme Court Case, United States v. South-Eastern Underwriters Association, the Court established that the business of insurance constitutes “interstate commerce,” and therefore is subject to Congressional oversight under the Commerce Clause of the Constitution. This decision specifically held that the Sherman Act – the federal antitrust statute – applied to insurance. Along with the stimulus bill, was the passage of the Competitive Health Insurance act of 2020 which Read More »