II
109th CONGRESS
1st Session
S. 1525
IN THE SENATE OF THE UNITED STATES
July 28, 2005
Mr. Leahy (for himself, Mr. Kennedy, Mr. Durbin, Mr. Rockefeller, Mrs. Boxer, Mr. Feingold, Mr. Corzine, Mr. Salazar, Mr. Obama, and Ms. Mikulski) introduced the following bill; which was read twice and referred to the Committee on the Judiciary
A BILL
To ensure that commercial insurers cannot engage in price fixing, bid rigging, or market allocations to the detriment of competition and consumers.
Short title
This Act may be cited as the
Medical Malpractice Insurance
Antitrust Act of 2005
.
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.
Application to activities of State commissions of insurance and other State insurance regulatory bodies
This Act 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.