House approves elimination of health insurers' anti-trust exemption
Patient Access Weekly Advisor, March 3, 2010
Want to receive articles like this one in your inbox? Subscribe to Patient Access Weekly Advisor!
The U.S. House of Representatives voted 406–19 in favor of eliminating the antitrust exception for health insurance companies.
The Health Insurance Industry Fair Competition Act (HR 4626), sponsored by Tom Perriello (D-VA) and Betsy Markey (D-CO), aims to prevent price fixing, division of market territories, and bid rigging.
The House voted the same day the AMA issued a report criticizing health insurance monopolies and attributing increased healthcare costs to lack of competition. However the Congressional Budget Office and Congressional Research Service (CRS) say removing the antitrust exemption won’t lower healthcare costs. A CRS report issued last month said removing the antitrust exception might actually discourage competition.
Source: HealthLeaders Media
Want to receive articles like this one in your inbox? Subscribe to Patient Access Weekly Advisor!
Related Products
-
Recovery Auditor Report
The Recovery Auditor Report is a free biweekly e-newsletter of useful tips and strategies to get you prepared for the...
-
HIPAA Handbook for Registration and Front Office Staff
Train all of your staff members with this handbook and others in the 2009 HIPAA Handbook Series. Ensure they understand...
-
Medicare Update for CAHs
Medicare Update for CAHs is a free bi-weekly ezxne that provides specialized information for our CAH (critical access...
Most Popular
- Articles
-
- HIPAA Q&A: Answering service messages
- Featured blog post: Nurses face felony charges after reporting physician to the Texas Medical Board
- Q&A: Coding for dry skin due to cold weather
- Q/A: Volume requirement for reporting hydration services
- Are your workforce members texting PHI?
- Topic: CMS, OESS post new security compliance review information, checklist
- What does case-mix index mean to you?
- Privacy, security concerns high in HIEs
- OB services: Coding inside and outside of the package
- QA:Coding multiple initial infusions
- E-mailed
-
- Featured blog post: Nurses face felony charges after reporting physician to the Texas Medical Board
- Q/A: Volume requirement for reporting hydration services
- HIPAA Q&A: Level of encryption needed for email
- HIPAA Q&A: Answering service messages
- HIPAA Q&A: TPO disclosures to a business associate
- Are your workforce members texting PHI?
- Q&A: Coding for dry skin due to cold weather
- What does case-mix index mean to you?
- Hospitalist-surgeon comanagement has no effect on outcomes
- Don't let these sentinel events trigger falsely
- Searched