Insurance Medical Temporary

Senator Chuck Schumer (D, NY) and Patrick Leahey (D, Vermont) seem to be gaining ground in their efforts to pass an amendment to remove insurance companies from the protection of antitrust laws. The ongoing health care overhaul currently being debated has brought to the fore the privilege the insurance industry has enjoyed for the past 64 years: Insurance companies, like Major League Baseball, have been exempt from federal antitrust laws. Monopolies stagnate markets by preventing others from engaging in healthy market competition. Is the exemption a dying dinosaur? Brief history of antitrust laws Given the fears of monopolies in the late 1800s and to preserve America’s free market economy, Congress passed the Sherman Antitrust Act in 1890; its aim being to combat anticompetitive practices, reduce market domination by individual corporations, and preserve unfettered competition as the rule of trade. Soon the courts found certain activities to fall outside the scope of the Sh .. Read More

  If you’ve ever been in an accident, you know how frustrating it can be to deal with insurance companies. While dealing with damaged property and bodily injury, you have to jump through hoops to prove how the accident affected your life.   The Insurance Business Insurance companies may market their services with a “caring approach.” But it’s good to remember that an insurance company is a business, and it is in business for one reason – to make money. They want to see higher profits, which means they must pay settlements that are as small as possible. This means that you may have a fight ahead of you to get the compensation you need and deserve.   Don’t Settle for a Small Sum So how can you simplify a potentially lengthy, drawn-out process of financial recovery? By hiring a personal injury law firm to deal with the insurance companies for you.   Insurance attorneys deal with adjusters every day. They use .. Read More