ICYMI: Bloomberg Reports That Congress is “‘Shooting blanks’ With Antitrust Threats to Insurers”
Posted by The Campaign on October 25, 2009 at 8:43 PM
A Bloomberg article reports on the ineffectiveness of repealing McCarran-Ferguson. Read some key excerpts below:
“Either the people who are proposing this are really naïve about how insurance is regulated, or they are just playing political games with the voters.”“Repealing the exemption is “not the silver bullet that I think some proponents are claiming,” said Greaney, who headed the Justice Department’s health-care antitrust unit in the 1980s. “It certainly is not going to make a big difference in terms of the competitiveness of the markets.””
For the full article, click here.
