"The increase in well being treatment prices and resulting medical credit card debt drastically burdens people today and households, detrimental credit scores and rendering it harder to get employment, secure housing, receive loans, and increasing the price of auto coverage," mentioned Senator Shirley Turner.
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"By prohibiting the reporting of certain varieties of medical credit card debt to credit score bureaus, we may give people today a greater possibility at accomplishing monetary balance and decrease the very long-expression unfavorable impacts that unavoidable medical expenses have on their lives."
The bill also offers specific protections to patients with medical debt from collection steps by medical creditors and medical credit card debt collectors and gives that any portion of a medical debt furnished to some consumer reporting company in violation of the bill will be void.
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