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In May 2023, Cook County, Illinois, abolished over $280 million in medical debt through a county-wide medical debt relief program in partnership with Undue Medical Debt. [ 15 ] In October 2023, Oakland County , Michigan, announced plans to use $2,000,000 from the county's American Rescue Plan Act funding to abolish a total of $200 million in ...
In a 2022 study, the bureau found that roughly 20% of U.S. households report that they have medical debt, with collections appearing on 43 million credit reports. How to get relief from ...
(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 ...
Those with medical debt on their credit reports could receive a 20-point boost, on average, in their credit score, the bureau said. Also, the rule is expected to lead to the approval of about ...
KNOXVILLE, Tenn. (WATE) — If you think you are alone in dealing with medical debt, guess again. Recent studies have shown that medical debt is the leading cause of bankruptcy in the United States.
Could Kamala Harris's plan to erase Americans’ $220B of medical debt be the solution for the US health care crisis? Here's how to prepare for unexpected expenses in 2025
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