Medical debt credit report rules now provide more protection for consumers and time to resolve billing issues before collections appear.
medical debt
The broken health care system we love to hate
Americans despise the health care system until someone tries to change it. Despite higher costs, worse outcomes, and widespread medical debt, political resistance to a single-payer system remains fierce.
MN Legislature weighs pros and cons of medical debt relief
Minnesota lawmakers have introduced the Medical Debt Reset Act, setting aside $5 million to help the nonprofit Undue forgive up to $500 million in medical debt, with the goal of providing financial relief to Minnesotans with a household income at or below 400% of the Federal Poverty Guidelines.
Cracking down on medical debt collection
The CFPB and state governments are taking action to combat abusive medical debt collection practices, protecting over 100 million Americans from $220 billion in medical debt and shielding consumers from the detrimental effects of medical debt on economic opportunities.
Biden administration to ban medical debt from Americans’ credit scores
‘No one in this country should have to go into debt to get the quality health care they need,’ said Vice President Kamala Harris.
