"My legislation seeks to restore competition among health insurance companies and correct a historical error that allowed for an exemption from federal anti-trust and unfair competition laws. Over the decades, and rapidly since the passage of Obamacare, the health insurance market has expanded into one of the least transparent and most anti-competitive industries in the United States.
"After 70 years, it is apparent that the unbridled antitrust exemption created by Congress in the 1940's was not wise. These antiquated provisions are no longer necessary and there is no reason in law, policy or logic for the insurance industry to have special exemptions that are different from all other businesses in the United States.
"The government should not be picking winners or losers and the insurance industry should also have to comply with federal anti-trust laws. As a healthcare provider for more than 25 years I understand first-hand the importance of a competitive health insurance market. Hospitals, doctors and patients alike benefit when health insurers compete to provide quality coverage. The passage of my bill into law is an important first step towards ushering in real healthcare reform."