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Congress is weighing a new bill that would keep medical debt from wreaking havoc on millions of consumers' credit ratings. ... by a vote of 336 to 82, the Medical Debt Relief Act, also Skip to ...
In addition, she noted, North Carolina has set up a medical debt relief program in which the state’s 99 eligible hospitals have promised to eliminate up to $4 billion in unpaid bills for nearly ...
Medical debt is the most common collection type found on credit reports, showing up disproportionately more when compared to other forms of debt. More than 1 in 3 U.S. adults struggles with ...
But in the US, even when the patient has insurance coverage, including coverage under the Patient Protection and Affordable Care Act of 2010, considerable medical costs remain the patient's responsibility. Consequently, medical debt has been found by a 2009 study to be the primary cause of personal bankruptcy.
Vice President Kamala Harris delivers remarks on medical debt relief at an event in the South Courtyard Auditorium of the Eisenhower Executive Office Building, April 11, 2022. ... Act and the Fair ...
The federal Consumer Financial Protection Bureau has issued new regulations barring medical debts from American credit reports, enacting a major new consumer protection just days before President ...
Undue Medical Debt, formerly RIP Medical Debt, [1] is a Long Island City–based 501(c)(3) charity [2] focused on the elimination of personal medical debt. [3] Founded in 2014 by former debt collection executives Jerry Ashton and Craig Antico, [4] the charity purchases portfolios of income-qualifying medical debt from debt collectors and healthcare providers, and then relieves the debt. [5]
(The Center Square) – Illinois state Sen. Mike Simmons, D-Chicago, is hoping to see the new Medical Debt Relief Pilot Program backed by Gov. J.B. Pritzker expanded to benefit even more than the ...