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Sestak Supports Preventing Health Insurance Monopolies

By Editor

Congressman Joe Sestak announced that he is co-sponsoring the Health Insurance Industry Antitrust Enforcement Act of 2009 (H.R.3596). If enacted, this legislation will prevent the insurance companies from abusing their concentrated market share to increase profits at the expense of Americans. Specifically, the bill prohibits “any form price fixing, bid rigging, or market allocations.” “In southeastern... »