Comment Of Senator Patrick Leahy On The Department Of Justice’s Antitrust Lawsuit Against Blue Cross Blue Shield Of Michigan
“I applaud the Department of Justice for employing our nation’s antitrust laws to break-up the stranglehold that massive insurance companies have on our healthcare industry. Given that much of the health insurance industry activity is shielded from the antitrust laws by an antiquated exemption, it is perhaps not surprising that insurers are also engaging in anticompetitive conduct that falls outside the exemption.
“Only when Congress passes the Health Insurance Industry Antitrust Enforcement Act, which I introduced last year, will we know the full scope of how the industry’s anticompetitive conduct is harming consumers and driving up health care costs. The House passed this bill by an overwhelming, bipartisan 406-19 vote. The Senate should do the same when it returns in November.”
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