This is historical material “frozen in time”. The website is no longer updated and links to external websites and some internal pages may not work.

Revoke Antitrust Exemption for Insurance Companies Put an end to predatory pricing, bid rigging, and monopolization.

Created by M.D. on October 01, 2011

Repeal Insurance Anti-Trust Exemption
In 1945 congress passed an anti-trust exemption that protects insurance companies by allowing insurers to share loss data with each other without threat of antitrust or collusion charges.
Three large firms controlled more than 50% of enrollment in almost every state - and that was before the biggest insurers launched a huge effort to delete their chief competitors & erase any possibility of a public option, a trend exemplified by the 2004 mega-merger of WellPoint Health Networks Inc. and Anthem Inc.
By 2008, according to the American Medical Assn., in nearly 90% of the metropolitan areas of the country, a single insurer controlled 30% or more of the market. Not a coincidence that health premiums have soared by 131% for family coverage from 1999-2009

Economy & Jobs
Health Care
Government & Regulatory Reform
Return to top