Statement On “The Unintended Consequences And Harmful Impact Of Repealing The McCarran-Ferguson Act’s Antitrust Exemption”

posted by AHIP

on February 16, 2017

Statement on “The Unintended Consequences and Harmful Impact of Repealing the McCarran-Ferguson Act’s Antitrust Exemption”
Submitted to the House Committee on the Judiciary
Subcommittee on Regulatory Reform, Commercial and Antitrust Law

America’s Health Insurance Plans (AHIP) is the national association whose members provide coverage for health care and related services to millions of Americans every day. Through these offerings, we improve and protect the health and financial security of consumers, families, businesses, communities and the nation. We are committed to market-based solutions and public-private partnerships that improve affordability, value, access and well-being for consumers.

We appreciate this opportunity to comment on the McCarran-Ferguson Act and competition in health insurance markets. Our members strongly support competitive markets at all levels of health care. While we recognize that concerns have been raised about the narrow antitrust exemption in the McCarran-Ferguson Act, the actual significance and scope of the exemption is often overstated and its critics fail to appreciate that repealing or weakening the exemption would unleash litigation that would chill pro-competitive activity and would not benefit consumers.

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