S.350 - Competitive Health Insurance Reform Act of 2019116th Congress (2019-2020) |
|Sponsor:||Sen. Daines, Steve [R-MT] (Introduced 02/06/2019)|
|Committees:||Senate - Judiciary|
|Latest Action:||Senate - 02/06/2019 Read twice and referred to the Committee on the Judiciary. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed Senate
- Passed House
- To President
- Became Law
Summary: S.350 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in Senate (02/06/2019)
Competitive Health Insurance Reform Act of 2019
This bill declares that nothing in the McCarran-Ferguson Act modifies, impairs, or supersedes the operation of antitrust laws with respect to the business of health insurance, including the business of dental insurance. This declaration does not apply to a contract, combination, or conspiracy to (1) collect, compile, or disseminate historical loss data; (2) determine a loss development factor for historical loss data; (3) perform actuarial services if the collaboration does not involve a restraint of trade; or (4) develop or disseminate a standard insurance policy form if adherence to the form is not required.
Prohibitions against unfair methods of competition apply to the business of health insurance without regard to whether the business is for profit.