The Consumer Financial Protection Bureau has issued new regulations that prevent unpaid medical debts from appearing on Americans’ credit reports, potentially wiping away $49 billion in medical bills from the credit reports of an estimated 15% of all U.S. households.
Tag: Undue Medical Debt
Posted inHealth
With Trump on the Way, Look to States To Pick Up Medical Debt Fight
State legislatures are looking to protect Americans from medical debt by enacting new initiatives such as keeping medical bills off credit reports, strengthening oversight of medical credit cards, and expanding financial aid programs for patients.