#medical-debt

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#healthcare-costs

Is healthcare sharing right for you? 3 essential questions

Navigating healthcare costs is challenging for U.S. families, highlighting the need for affordable alternatives to traditional health insurance.

At Catholic hospitals, a mission of charity runs up against high care costs for patients

Patients can face unexpected and high medical bills even with insurance, as seen in Jessica Staten's experience with PeaceHealth.

PayZen secures $23M Series B, $200M debt facility to grow its "care now, pay later" product | TechCrunch

Healthcare costs for patients have dramatically increased, leading to significant medical debt. PayZen offers a solution for interest-free bill installment payments.

Their first baby came with medical debt. These Illinois parents won't have another.

Medical debt is a common post-childbirth challenge for many new parents, impacting finances and daily life significantly.

Is healthcare sharing right for you? 3 essential questions

Navigating healthcare costs is challenging for U.S. families, highlighting the need for affordable alternatives to traditional health insurance.

At Catholic hospitals, a mission of charity runs up against high care costs for patients

Patients can face unexpected and high medical bills even with insurance, as seen in Jessica Staten's experience with PeaceHealth.

PayZen secures $23M Series B, $200M debt facility to grow its "care now, pay later" product | TechCrunch

Healthcare costs for patients have dramatically increased, leading to significant medical debt. PayZen offers a solution for interest-free bill installment payments.

Their first baby came with medical debt. These Illinois parents won't have another.

Medical debt is a common post-childbirth challenge for many new parents, impacting finances and daily life significantly.
morehealthcare-costs
#kamala-harris

How Ohio Cities Showed Kamala Harris the Way Forward on Medical Debt

Medical debt affects 41% of working-age Americans, significantly impacting financial stability.
Kamala Harris has a plan for federal medical debt forgiveness, highlighting its necessity.

Harris backs slashing medical debt. Trump's "concepts" worry advocates.

Advocates urge Kamala Harris to advance measures tackling medical debt and ensuring health insurance access.

Harris backs slashing medical debt. Trump's concepts' worry advocates

Kamala Harris is seen as a key figure in advancing efforts to mitigate medical debt in the U.S.

How Ohio Cities Showed Kamala Harris the Way Forward on Medical Debt

Medical debt affects 41% of working-age Americans, significantly impacting financial stability.
Kamala Harris has a plan for federal medical debt forgiveness, highlighting its necessity.

Harris backs slashing medical debt. Trump's "concepts" worry advocates.

Advocates urge Kamala Harris to advance measures tackling medical debt and ensuring health insurance access.

Harris backs slashing medical debt. Trump's concepts' worry advocates

Kamala Harris is seen as a key figure in advancing efforts to mitigate medical debt in the U.S.
morekamala-harris
#legislation
from www.npr.org
4 weeks ago
US news

Medical debt snares millions of people. States, red and blue are passing laws to help

Bipartisan legislative efforts are addressing the medical debt crisis affecting millions in the U.S.

Bernie Sanders and Ro Khanna reveal bill to cancel all medical debt'

A new bill introduced by Bernie Sanders and Ro Khanna aims to eliminate medical debt by creating a federal grant program and preventing creditors from collecting past medical bills.

New York removes medical debt from credit reports

Unpaid medical debt will no longer appear in credit reports of New York residents.
The law aims to help low-income earners and prevent medical debt from negatively impacting credit scores.

Medical debt snares millions of people. States, red and blue are passing laws to help

Bipartisan legislative efforts are addressing the medical debt crisis affecting millions in the U.S.

Bernie Sanders and Ro Khanna reveal bill to cancel all medical debt'

A new bill introduced by Bernie Sanders and Ro Khanna aims to eliminate medical debt by creating a federal grant program and preventing creditors from collecting past medical bills.

New York removes medical debt from credit reports

Unpaid medical debt will no longer appear in credit reports of New York residents.
The law aims to help low-income earners and prevent medical debt from negatively impacting credit scores.
morelegislation

Can You Ignore a Medical Bill?

Catherine's struggle with medical debt highlights the lack of transparency in healthcare billing.
#healthcare-policy

How North Carolina made its hospitals do something about medical debt

North Carolina successfully negotiated the cancellation of billions in medical debt, establishing a precedent for addressing healthcare-related financial hardships across the country.

California Bans Inclusion of Unpaid Medical Bills in Credit Reports

California's new consumer protection law shields medical debt from credit reports, enhancing job and housing opportunities for patients burdened by medical costs.

Gov. Newsom signs California law banning medical debt from credit reports

California has enacted a law preventing medical debt from impacting consumer credit reports, adding to state-level protections against medical billing stress.
The legislation aims to alleviate the burdens of medical debt on individuals, particularly in terms of employment and housing opportunities.

How North Carolina made its hospitals do something about medical debt

North Carolina successfully negotiated the cancellation of billions in medical debt, establishing a precedent for addressing healthcare-related financial hardships across the country.

California Bans Inclusion of Unpaid Medical Bills in Credit Reports

California's new consumer protection law shields medical debt from credit reports, enhancing job and housing opportunities for patients burdened by medical costs.

Gov. Newsom signs California law banning medical debt from credit reports

California has enacted a law preventing medical debt from impacting consumer credit reports, adding to state-level protections against medical billing stress.
The legislation aims to alleviate the burdens of medical debt on individuals, particularly in terms of employment and housing opportunities.
morehealthcare-policy

Data Shows American Citizens Smuggle More Fentanyl Into US Than Migrants | KQED

Mexican drug cartels are increasingly recruiting young Americans, including students, to smuggle fentanyl across the U.S.-Mexico border, raising significant community concerns.
#california-legislation

Gov. Newsom signs California law banning medical debt from credit reports

California's new law prevents medical debt from affecting credit reports, protecting consumers from the impact of unaffordable medical bills.

Millions of Californians Have Medical Debt. It Wouldn't Hurt Your Credit Under Proposed Rules | KQED

California lawmakers want to prevent medical debt from impacting credit scores, potentially benefiting millions.
Senate Bill 1061 removes medical debt from credit reports, aimed at reducing financial strain for Californians.

Gov. Newsom signs California law banning medical debt from credit reports

California's new law prevents medical debt from affecting credit reports, protecting consumers from the impact of unaffordable medical bills.

Millions of Californians Have Medical Debt. It Wouldn't Hurt Your Credit Under Proposed Rules | KQED

California lawmakers want to prevent medical debt from impacting credit scores, potentially benefiting millions.
Senate Bill 1061 removes medical debt from credit reports, aimed at reducing financial strain for Californians.
morecalifornia-legislation
#cfpb

ABA has significant concerns' with CFPB proposal to ban medical debt from credit reports

ABA opposes CFPB's proposal to ban medical debt from credit reports, citing concerns over authority, evidence, and potential negative impacts on financial stability.

15 million Americans still have medical bills on credit reports

Around 15 million Americans grapple with medical debt on credit reports, but improvements have been seen, particularly among older age groups.

Medical Debt May Be Removed From Credit Reports

Medical bills may soon be banned from credit reports to prevent coercion and inaccuracy in lending decisions.

ABA has significant concerns' with CFPB proposal to ban medical debt from credit reports

ABA opposes CFPB's proposal to ban medical debt from credit reports, citing concerns over authority, evidence, and potential negative impacts on financial stability.

15 million Americans still have medical bills on credit reports

Around 15 million Americans grapple with medical debt on credit reports, but improvements have been seen, particularly among older age groups.

Medical Debt May Be Removed From Credit Reports

Medical bills may soon be banned from credit reports to prevent coercion and inaccuracy in lending decisions.
morecfpb
#financial-assistance
from www.dailynews.com
2 months ago
Medicine

California county requires hospitals to report patient medical debt, as a way to reduce bills

Medical debt in L.A. County disproportionately affects low-income and minority communities, leading to ripple effects like food insecurity and limited access to future care.

Northwell Health Expands Financial Assistance For Patients

Uninsured/under-insured NYers now eligible for free/discounted care at Northwell Health facilities.

L.A. County Aims to Eliminate Medical Debt for 150,000 Residents

L.A. County plans to forgive medical debt of its poorest residents, aiming to alleviate financial burdens and ensure access to necessary care.

Los Angeles County Approves Medical Debt Relief for Thousands of Residents

LA County supervisors voted to buy and forgive medical debt, partnering with Undue Medical Debt, aiming to alleviate financial burdens on residents living in poverty.

California county requires hospitals to report patient medical debt, as a way to reduce bills

Medical debt in L.A. County disproportionately affects low-income and minority communities, leading to ripple effects like food insecurity and limited access to future care.

Northwell Health Expands Financial Assistance For Patients

Uninsured/under-insured NYers now eligible for free/discounted care at Northwell Health facilities.

L.A. County Aims to Eliminate Medical Debt for 150,000 Residents

L.A. County plans to forgive medical debt of its poorest residents, aiming to alleviate financial burdens and ensure access to necessary care.

Los Angeles County Approves Medical Debt Relief for Thousands of Residents

LA County supervisors voted to buy and forgive medical debt, partnering with Undue Medical Debt, aiming to alleviate financial burdens on residents living in poverty.
morefinancial-assistance

Their first baby came with medical debt. These parents won't have another

Medical debt related to pregnancy is a significant issue in the US, affecting millions of new parents and sometimes leading to financial crises.
#consumer-financial-protection-bureau

With medical debt burdening millions, a financial regulator steps in to help

CFPB expanding to protect patients from medical debt.
Rules being developed to exclude medical debt from consumer credit reports.

Why a financial regulator is going after health care debt

CFPB is introducing regulations to exclude medical debt from credit reports.
CFPB under Director Rohit Chopra is focusing on protecting consumers from financial strains due to medical bills.

Biden administration announces a plan for removing medical debt from credit reports

Protection against medical debt impacting credit scores proposed by CFPB to help tens of millions of Americans with unaffordable medical bills.

With medical debt burdening millions, a financial regulator steps in to help

CFPB expanding to protect patients from medical debt.
Rules being developed to exclude medical debt from consumer credit reports.

Why a financial regulator is going after health care debt

CFPB is introducing regulations to exclude medical debt from credit reports.
CFPB under Director Rohit Chopra is focusing on protecting consumers from financial strains due to medical bills.

Biden administration announces a plan for removing medical debt from credit reports

Protection against medical debt impacting credit scores proposed by CFPB to help tens of millions of Americans with unaffordable medical bills.
moreconsumer-financial-protection-bureau

Opinion: California wants to make your healthcare less expensive

Californians struggle with medical debt
Office of Health Care Affordability proposes healthcare spending growth cap at 3%.
#bankruptcy

Governments can erase your medical debt for pennies on the dollar and some are

Medical debt is the leading cause of bankruptcies in the United States, and more than 2 in 5 American adults have some.
Connecticut, New Jersey, and other local governments are using public money to purchase and forgive their residents' medical debt.
Programs to purchase and forgive medical debt can have a significant impact, as hospitals often sell the debt for pennies on the dollar.

New York City Plans to Wipe Out $2 Billion in Medical Debt for 500,000 Residents

New York City plans to eliminate over $2 billion of medical debt for up to 500,000 residents in partnership with RIP Medical Debt.
The program aims to address the financial burden of medical debt on low-income households and individuals with inadequate insurance.

NYC to wipe out medical debt for 500,000 New Yorkers under new program | amNewYork

New York City is launching an effort to wipe out $2 billion in medical debt for city residents.
The initiative is supported by $18 million over three years from the city and could help up to 500,000 New Yorkers with medical debt.

Governments can erase your medical debt for pennies on the dollar and some are

Medical debt is the leading cause of bankruptcies in the United States, and more than 2 in 5 American adults have some.
Connecticut, New Jersey, and other local governments are using public money to purchase and forgive their residents' medical debt.
Programs to purchase and forgive medical debt can have a significant impact, as hospitals often sell the debt for pennies on the dollar.

New York City Plans to Wipe Out $2 Billion in Medical Debt for 500,000 Residents

New York City plans to eliminate over $2 billion of medical debt for up to 500,000 residents in partnership with RIP Medical Debt.
The program aims to address the financial burden of medical debt on low-income households and individuals with inadequate insurance.

NYC to wipe out medical debt for 500,000 New Yorkers under new program | amNewYork

New York City is launching an effort to wipe out $2 billion in medical debt for city residents.
The initiative is supported by $18 million over three years from the city and could help up to 500,000 New Yorkers with medical debt.
morebankruptcy

Mapped: States with the biggest share of adults with medical debt

About 1 in 12 U.S. adults have unpaid medical bills of at least $250
People in the South and rural areas report the greatest burden of medical debt.
#debt-relief

Local Governments Are Pledging to Cancel Medical Debt for Residents

New York City has pledged to pay down $2 billion worth of residents' medical debt, following the lead of Cook County, Illinois, which became the first local government to partner with RIP Medical Debt to alleviate its residents' debt.
RIP Medical Debt's model involves buying up unpaid hospital bills at a small fraction of the original value and forgiving them, effectively erasing the debt for patients.

NYC Mayor Eric Adams announces $2B medical debt bailout for up to 500K residents

New York City will spend $18 million to pay off medical debt owed by up to 500,000 residents.
The program is estimated to erase over $2 billion of medical debt, making it the largest municipal initiative of its kind in the country.

City to Relieve Over $2 Billion in Medical Debt

New York City will wipe out over $2 billion in medical debt for hundreds of thousands of working-class citizens.
Up to half a million New Yorkers will see their medical debt relieved thanks to the program, the largest municipal initiative of its kind in the country.

New York City plans to wipe out $2 billion in medical debt for 500,000 residents

New York City plans to wipe out over $2 billion in medical debt for up to 500,000 residents.
The city is partnering with RIP Medical Debt to buy the debt in bulk and forgive the amounts for people with low incomes or financial hardships.

New York City looks to clear $2 billion in unpaid medical bills for 500,000

New York City will purchase and erase millions of dollars of medical debt for up to 500,000 residents
The program is aimed at low-income New Yorkers with medical bills at least 5% of their annual household income

Local Governments Are Pledging to Cancel Medical Debt for Residents

New York City has pledged to pay down $2 billion worth of residents' medical debt, following the lead of Cook County, Illinois, which became the first local government to partner with RIP Medical Debt to alleviate its residents' debt.
RIP Medical Debt's model involves buying up unpaid hospital bills at a small fraction of the original value and forgiving them, effectively erasing the debt for patients.

NYC Mayor Eric Adams announces $2B medical debt bailout for up to 500K residents

New York City will spend $18 million to pay off medical debt owed by up to 500,000 residents.
The program is estimated to erase over $2 billion of medical debt, making it the largest municipal initiative of its kind in the country.

City to Relieve Over $2 Billion in Medical Debt

New York City will wipe out over $2 billion in medical debt for hundreds of thousands of working-class citizens.
Up to half a million New Yorkers will see their medical debt relieved thanks to the program, the largest municipal initiative of its kind in the country.

New York City plans to wipe out $2 billion in medical debt for 500,000 residents

New York City plans to wipe out over $2 billion in medical debt for up to 500,000 residents.
The city is partnering with RIP Medical Debt to buy the debt in bulk and forgive the amounts for people with low incomes or financial hardships.

New York City looks to clear $2 billion in unpaid medical bills for 500,000

New York City will purchase and erase millions of dollars of medical debt for up to 500,000 residents
The program is aimed at low-income New Yorkers with medical bills at least 5% of their annual household income
moredebt-relief

NYC joins a growing wave of local governments erasing residents' medical debt

Cook County in Illinois was the first local government to partner with RIP Medical Debt, using federal pandemic rescue funds to relieve residents' medical debt.
RIP Medical Debt buys unpaid hospital bills at a fraction of the original value and forgives the debt, alleviating the financial burden for patients.

In Speech, New Jersey Governor Backs Phonics and Medical Debt Relief

Gov. Philip D. Murphy of New Jersey supports proposals for affordable housing and reducing out-of-pocket expenses for abortions.
The governor also expressed support for using phonics to teach reading and easing medical debt.

New York joins Colorado in banning medical debt from consumer credit scores

New York becomes the second U.S. state to protect credit scores from unpaid medical bills.
The new law aims to prevent individuals from having their credit ruined by medical debt.

Biden administration to bar medical debt from credit reports

Medical debt proposed to be removed from credit reports to alleviate financial burden on millions of Americans.
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