#medical-debt

#medical-debt

Connecticut will notify 23,000 residents about $30 million in medical debt cancellation, aiming to erase $1 billion total for 250,000 individuals.

Advocate Health is promoting itself as a leader in addressing the medical debt crisis, but many patients feel it hasn't taken full responsibility for past hardships.

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 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.

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

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.

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

The CFPB's new rule aims to ban medical debt from credit reports, potentially improving financial access for millions of Americans.

Lenders cannot consider unpaid medical bills in credit evaluations, improving credit scores for millions.

The new rule is aimed at aiding consumers disproportionately affected by medical debt.

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

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.

New regulations bar medical debts from credit reports, aiding consumers with medical debt before Biden's term ends.

Unpaid medical bills will no longer block access to loans by being removed from credit reports.

Medical debt will be removed from consumer credit reports, impacting over 15 million Americans and improving their credit scores by an average of 20 points.

The CFPB introduced regulations to exclude medical debt from credit reports, aiming to protect consumers' financial stability.

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

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

Starting January 1, 2025, California law will stop reporting medical debt to credit agencies, helping those with unpaid medical bills maintain their credit scores.

California's new law protects patients from having medical debt reported to credit agencies, reducing long-term financial burdens and inaccuracies in billing.

Medical debt burdens Native Americans due to failures in the Indian Health Service's billing processes, impacting credit scores and financial stability.

Native Americans face systemic billing issues despite federal law ensuring free healthcare through the Indian Health Service, impacting their financial stability and credit.

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

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

Health insurance consumerism may benefit the healthy and wealthy while harming those with chronic conditions and inadequate coverage.

Anthem Blue Cross Blue Shield reversed plans to limit anesthesia coverage due to backlash, reaffirming commitment to medically necessary anesthesia services.

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

The U.S. has a broken healthcare system that requires policy improvements, not vigilante actions, to address high costs and poor outcomes.

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

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

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

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.

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.

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 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 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.

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.