An Act relative to fair medical debt reporting and collection
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill aims to improve fairness in how medical debt is reported and collected. It seeks to limit the circumstances under which medical debt can be reported to credit bureaus and restricts certain collection practices. The goal is to reduce the negative impact of medical debt on individuals’ credit scores and financial well-being. It also promotes transparency in medical debt reporting.
Key provisions
- Limits the reporting of medical debt to credit bureaus.
- Restricts collection practices related to medical debt.
- Requires hospitals to offer financial assistance programs to patients.
- Promotes transparency in medical debt reporting processes.
- Establishes guidelines for medical debt information shared with third parties.
Who is affected
- Patients
- Hospitals
- Collection agencies
- Credit bureaus
- Consumers
Notable changes
- Changes to credit reporting standards for medical debt.
- Restrictions on debt collection activities.
- Mandates for hospital financial assistance programs.
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
David Henry Argosky LeBoeuf
Cosponsor
David Henry Argosky LeBoeuf
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