S.Amdt. 3873
What it does: Adds SEC. __. MEDICAL MALPRACTICE INSURANCE ANTITRUST PROVISIONS wherever appropriate
Sen. Patrick J. Leahy (D-VT)What it changes
1 change to S. 1955
Adds SEC. __. MEDICAL MALPRACTICE INSURANCE ANTITRUST PROVISIONS wherever appropriate
Adds a sectionInserted: SEC. __. MEDICAL MALPRACTICE INSURANCE ANTITRUST PROVISIONS.
Inserted: (a) Short Title.--This section may be cited as the "Medical Malpractice Insurance Antitrust Act of 2005".
Inserted: (b) Prohibition on Anti-Competitive Activities.--Notwithstanding any other provision of law, nothing in the Act of March 9, 1945 (15 U.S.C. 1011 et seq., commonly known as the "McCarran-Ferguson Act") shall be construed to permit commercial insurers to engage in any form of price fixing, bid rigging, or market allocations in connection with the conduct of the business of providing medical malpractice insurance.
Inserted: (c) Application to Activities of State Commissions of Insurance and Other State Insurance Regulatory Bodies.--This section does not apply to the information gathering and rate setting activities of any State commissions of insurance, or any other State regulatory body with authority to set insurance rates.
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Original wording
At the appropriate place, insert the following:
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As printed
SA 3873. Mr. LEAHY submitted an amendment intended to be proposed by him to the bill S. 1955, to amend title I of the Employee Retirement Security Act of 1974 and the Public Health Service Act to expand health care access and reduce costs through the creation of small business health plans and through modernization of the health insurance marketplace; which was ordered to lie on the table; as follows:
At the appropriate place, insert the following:
SEC. __. MEDICAL MALPRACTICE INSURANCE ANTITRUST PROVISIONS.
(a) Short Title.--This section may be cited as the “Medical Malpractice Insurance Antitrust Act of 2005”.
(b) Prohibition on Anti-Competitive Activities.--Notwithstanding any other provision of law, nothing in the Act of March 9, 1945 (15 U.S.C. 1011 et seq., commonly known as the “McCarran-Ferguson Act”) shall be construed to permit commercial insurers to engage in any form of price fixing, bid rigging, or market allocations in connection with the conduct of the business of providing medical malpractice insurance.
(c) Application to Activities of State Commissions of Insurance and Other State Insurance Regulatory Bodies.--This section does not apply to the information gathering and rate setting activities of any State commissions of insurance, or any other State regulatory body with authority to set insurance rates.
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Senate amendment submitted
May 9, 2006