New proposal could erase millions in medical debt
Young and the Invested on MSN4d
How Can I Negotiate Medical Bills in Collections?When you receive a medical bill, that dollar amount you're charged doesn't have to necessarily be the final say. Believe it ...
On Jan. 7, 2025, the Consumer Financial Protection Bureau announced a new rule banning medical debt from all credit reports.
If healthcare entities believe that people won't pay their medical bills at the margin, they'll likely raise prices.
Most of the medical debt didn't belong to the poorest patients, but rather insured people in the middle and lower-middle ...
Some former employees of bankrupt electric vehicle maker, Canoo, say they are now stuck with thousands of dollars in months-old medical bills their insurance plans through Canoo were supposed to ...
Public ambulance services and hospitals are owed $75 million from the now-bankrupt Wellpath. Some want the state to reimburse them.
Mike Cameron says he bought travelers insurance, but it only covers up to $20,000, and so far he can't get them to pay.
The new rule would change that for about 15 million Americans with medical debt on their credit reports. Here’s how the new rule works: Owed medical bills will still appear on people’s ...
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