House Vote On Insurance Industry Antitrust Exemption Coming

From Ryan Grim at Huffington Post:

The battle against the health insurance industry is steadily intensifying. House Democrats have formally scheduled a vote to revoke the industry's cherished antitrust protection, according to a statement from Judiciary Committee Chairman John Conyers Jr. (D-Mich.). The move comes after House Speaker Nancy Pelosi (D-Calif.) and Senate Majority Leader Harry Reid (D-Nevada) have put up a unified front, calling for an end to the anti-competitive practice.

On Thursday, Pelosi noted to reporters that the Judiciary Committee had held a hearing on repealing the 1945 McCarran-Ferguson Act, which exempts the insurance industry from antitrust laws.

Conyers announced Friday he'd take it to the next level and hold a vote on October 21.