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Thread: Senators to strip health insurers

  1. #1
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    Senators to strip health insurers

    Good, about time,this has been going on long enough.


    Senators to strip health insurers of antitrust exemption
    By Michael O'Brien - 10/21/09 10:58 AM ET

    A group of Senate Democratic leaders is set to announce Wednesday that they have decided to strip health insurers of their antitrust exemption.

    According to a post on Twitter from Senate Majority Leader Harry Reid (D-Nev.) this morning, Reid, Senate Judiciary Chairman Patrick Leahy (D-Vt.), and Democratic Caucus Chairman Chuck Schumer (D-N.Y.) would make the announcement about the antitrust rules this morning.

    Reid tweeted Wednesday:

    Leahy, Schumer and I will announce today @ 11:30am ET that we will strip the health ins industry of its exemption from antritrust laws

    The move mirrors actions taken by House leaders to also include the change in antitrust rules in their version of health reform legislation.

    The House and Senate Democrats' jab toward insurers also comes after the industry had launched critical reports over the differing health bills, warning that the reform plans would result in higher premiums for consumers, were they to become law.

    Reid's words serve as confirmation that the Senate will move on the initiative, first floated by Leahy, after momentum appeared to move toward the new antitrust rule.

    Senators to strip health insurers of antitrust exemption - The Hill's Blog Briefing Room
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    Re: Senators to strip health insurers

    You will agree with us, and if you don't we will use the full force of the government to punish you for it.

    Wonderful.

    Change we can believe in

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    Re: Senators to strip health insurers

    Why did the health insurance industry have antitrust exemptions in the first place?

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    Re: Senators to strip health insurers

    While they're stripping them of anti-trust protection, might they take a moment to strp away the silly regulation that forbids them from competence nationally?
    Quod scripsi, scripsi

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    Re: Senators to strip health insurers

    Quote Originally Posted by donc View Post
    Good, about time,this has been going on long enough.


    Senators to strip health insurers of antitrust exemption
    By Michael O'Brien - 10/21/09 10:58 AM ET

    A group of Senate Democratic leaders is set to announce Wednesday that they have decided to strip health insurers of their antitrust exemption.

    According to a post on Twitter from Senate Majority Leader Harry Reid (D-Nev.) this morning, Reid, Senate Judiciary Chairman Patrick Leahy (D-Vt.), and Democratic Caucus Chairman Chuck Schumer (D-N.Y.) would make the announcement about the antitrust rules this morning.

    Reid tweeted Wednesday:

    Leahy, Schumer and I will announce today @ 11:30am ET that we will strip the health ins industry of its exemption from antritrust laws

    The move mirrors actions taken by House leaders to also include the change in antitrust rules in their version of health reform legislation.

    The House and Senate Democrats' jab toward insurers also comes after the industry had launched critical reports over the differing health bills, warning that the reform plans would result in higher premiums for consumers, were they to become law.

    Reid's words serve as confirmation that the Senate will move on the initiative, first floated by Leahy, after momentum appeared to move toward the new antitrust rule.

    Senators to strip health insurers of antitrust exemption - The Hill's Blog Briefing Room
    Good!!...Way overdo to put a little competition back in the free market!

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    Re: Senators to strip health insurers

    Quote Originally Posted by Kernel Sanders View Post
    Why did the health insurance industry have antitrust exemptions in the first place?
    Cause they bought & paid for for that protection from competition years ago with bribes to an earlier Congress.

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    Re: Senators to strip health insurers

    The punchline: play by our rules, or we'll change the law and punish you for not playing nice.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Senators to strip health insurers

    Quote Originally Posted by Kernel Sanders View Post
    Why did the health insurance industry have antitrust exemptions in the first place?
    Since government regulation would only allow so much competition, therefore the government had to give anti-trust exemption to the insurance companies.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Senators to strip health insurers

    Quote Originally Posted by donc View Post
    Good, about time,this has been going on long enough.


    Senators to strip health insurers of antitrust exemption
    By Michael O'Brien - 10/21/09 10:58 AM ET

    A group of Senate Democratic leaders is set to announce Wednesday that they have decided to strip health insurers of their antitrust exemption.

    According to a post on Twitter from Senate Majority Leader Harry Reid (D-Nev.) this morning, Reid, Senate Judiciary Chairman Patrick Leahy (D-Vt.), and Democratic Caucus Chairman Chuck Schumer (D-N.Y.) would make the announcement about the antitrust rules this morning.

    Reid tweeted Wednesday:

    Leahy, Schumer and I will announce today @ 11:30am ET that we will strip the health ins industry of its exemption from antritrust laws

    The move mirrors actions taken by House leaders to also include the change in antitrust rules in their version of health reform legislation.

    The House and Senate Democrats' jab toward insurers also comes after the industry had launched critical reports over the differing health bills, warning that the reform plans would result in higher premiums for consumers, were they to become law.

    Reid's words serve as confirmation that the Senate will move on the initiative, first floated by Leahy, after momentum appeared to move toward the new antitrust rule.

    Senators to strip health insurers of antitrust exemption - The Hill's Blog Briefing Room
    I first heard about the anti-trust exemption from Dylan Ratigan formerly of CNBC, now on MSNBC. I couldn't believe it. Good. There *must* be competition injected into this industry, no matter how much they scream.

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    Re: Senators to strip health insurers

    Quote Originally Posted by Kernel Sanders View Post
    Why did the health insurance industry have antitrust exemptions in the first place?

    Because of the reasons people already said, also something to do with leveraging against doctors who had too much strength against insurers. Some complex, but tedious, good reasons, but they in no way justify it imo.

    I did the trust-busting

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