Medical debt solutions are getting support from Democrats and …
Oct 7, 2024 · About 100 million people in the U.S. are burdened by some form of health care debt, forcing millions to drain savings, take out second mortgages, or cut back on food and other essentials, KFF...
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...
Medical debt fight pivots to the states after Trump’s election - NPR
Dec 3, 2024 · New state initiatives may not be enough to protect Americans from medical debt if the incoming Trump administration and congressional Republicans move forward with plans to scale back federal...
CT to erase medical debt for thousands in first round of cancelation
Dec 16, 2024 · Under an arrangement between Connecticut and the nonprofit Undue Medical Debt, the state pays the organization to purchase patients' medical debt cheaply, then cancels it en masse. The state has committed $6.5 million to the effort, with the expectation that money will erase about $650 million in debt held by Connecticut residents.
Medical debt totaling $30 million to be paid off in Connecticut
6 days ago · Nearly 23,000 residents with debt totaling $30 million will automatically be informed by mail beginning Dec. 23, state officials said. Connecticut has been working with the national nonprofit charity Undue Medical Debt toward a plan to eventually wipe out $1 billion in debt for an estimated 250,000 qualified state residents.
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.
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.
States confront medical debt that’s bankrupting millions - AP News
Apr 13, 2023 · In Colorado, New York, New Jersey, Illinois, Massachusetts and the U.S. Congress lawmakers are contemplating bills that would bar medical debt from being included on consumer reports, thereby protecting debtors’ credit scores.
Biden administration proposes banning medical debt from credit …
Jun 11, 2024 · 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 to bar medical debt from credit reports
Jun 13, 2024 · Medical debt will be stricken from credit reports in a change proposed by the White House that could help millions of Americans land a job, rent a home or obtain a car loan.