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Old 12-21-2009, 07:01 PM
 
6,084 posts, read 6,048,136 times
Reputation: 1916

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According to this law, states have the power to decide the "business of insurance" even over federal law.

Also

"The Act also provides that federal anti-trust laws will not apply to the "business of insurance" as long as the state regulates in that area, but federal anti-trust laws will apply in cases of boycott, coercion, and intimidation."

I for one, feel being mandated to buy insurance or being forced to change my current plan else face a penalty could be a form of coercion?

I do remember hearing that states might have the right to opt out of federally run plan. Still plenty of food for thought for all the law professionals out there.

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