Medical debt solutions are getting support from Democrats and …
Oct 7, 2024 · Bipartisan measures in other states have gone further, barring unpaid medical bills from consumer credit reports and restricting medical providers from placing liens on patients’ homes.
Medical debt could soon be barred from ruining your credit score - NPR
Sep 21, 2023 · The Biden administration announced a major initiative to protect Americans from medical debt on Thursday, outlining plans to develop federal rules barring unpaid medical bills from affecting...
Here's how much medical debt there is in the U.S. - NPR
Jun 16, 2022 · In the past five years, more than half of U.S. adults report they've gone into debt because of medical or dental bills, the KFF poll found. A quarter of adults with health care debt owe more...
FACT SHEET: Biden- Harris Administration Announces New …
Oct 1, 2024 · Over 40 million Americans —1 in 5 adults — owe around $88 billion in medical debt in collections, making it the largest source of debt in collections—more than credit cards, utilities, and...
In sweeping change, Biden administration to ban medical debt …
Jun 11, 2024 · In a sweeping change that could improve millions of Americans' ability to own a home or buy a car, the Biden administration on Tuesday proposed a rule to ban medical debt from credit reports.
Biden administration proposes banning medical debt from credit …
Jun 11, 2024 · CNN — In its latest effort to minimize the impact of medical debt on consumers, the Biden administration proposed Tuesday banning such debt from credit reports.
Biden administration moves to ban medical debt from credit reports
Jun 11, 2024 · The Biden administration is moving to ban medical debt from credit reports. It said affected people’s credit scores would improve an average of 20 points and lead to the approval of about...
Biden Proposes Dropping Medical Debt From Credit Reports
Jun 11, 2024 · The Biden administration on Tuesday proposed removing medical debt from the credit reports of more than 15 million Americans, making it easier for them to qualify for car, home and...
How banning medical debt from credit reports could help …
Jun 12, 2024 · By banning medical debt from being included in credit reports, this proposal aims to address increasing discontent over the economic burden that can go hand-in-hand with serious health problems.
CFPB Proposes to Ban Medical Bills from Credit Reports
Jun 11, 2024 · Today, the CFPB proposed a rule that would remove medical bills from most credit reports, increase privacy protections, help to increase credit scores and loan approvals, and prevent debt collectors from using the credit reporting system to coerce people to pay.