# Medical debt
Consumers to See Relief from Medical Debt on Credit Reports
Credit bureau policy will mean 2/3 of medical debt in collections will no longer be reported. The Consumer Financial Protection Bureau (CFPB) issued a report and analysis today on a new policy by the three major credit bureaus to stop reporting a portion of medical debt in collections on consumer credit reports. This policy has far-reaching implications for consumer credit scores.
Consumer Bureau Report Highlights Harms of Medical Billing Errors
Report shows inaccurate bills, coercive debt collections. A report released by the Consumer Financial Protection Bureau (CFPB) shows that consumers with medical debt often suffer from inaccurate billing and aggressive collection tactics.
Consumer Group Applauds Biden Administration Action to Relieve Medical Debt
National Consumer Law Center says White House action will benefit patients. Following an announcement that the White House is taking action to offer consumers relief from medical debt, the National Consumer Law Center (NCLC) applauded the move and said it would benefit patients who are struggling with debt as a result of an illness.
Maryland Group Calls on State Senate to Take Action on Medical Debt
Maryland Consumer Rights Coalition calls for passage of medical debt relief bill. The Maryland Consumer Rights Coalition (MCRC) is calling on the Maryland Senate to take action to pass HB 694, legislation that seeks to provide relief to consumers who have medical debt despite having been eligible for free care at the time they received services.
Maryland Group Urges Citizens to Take Action on Medical Debt Legislation
Maryland Consumer Rights Coalition (MCRC) urges protection for consumers with medical debt. In an action alert to supporters, the Maryland Consumer Rights Coalition (MCRC) urged citizens in the state to take action and contact lawmakers in support of legislation that will protect consumers who were wrongly charged for medical services at a hospital.
Georgia Sen. Warnock Calls for Medicaid Expansion
Senator backs plan to expand Medicaid into 12 states, including Georgia. Georgia Senator Rev. Raphael Warnock is taking the lead on Senate legislation that would expand Medicaid to the 12 states that have not already done so under provisions of the Affordable Care Act. The move comes as a key Senate committee takes up the issue of medical debt.
Medical Debts Will Fall Off of Credit as New Reporting Goes Into Effect
Medical bills are one of the second-highest types of debt reported besides student loans. According to research, Americans owe more than $1 trillion in unpaid medical debts, which accounts for 62.1 percent of bankruptcy filings.
Ohio Sen. Brown Calls for Relief from Medical Debt
Senator applauds credit bureaus for taking first step, calls for regulatory action. While the three major credit bureaus recently announced the pending removal of 70% of medical debt from consumer credit reports, Ohio Senator Sherrod Brown says more can be done to protect patients.
A Burden Lifted: Most Medical Debt to be Removed from Credit Reports
Consumer group highlights benefit of move by major credit bureaus. On the heels of an announcement by the three major credit bureaus that they will be removing up to 70% of medical debt from consumer credit reports by this summer, consumer advocacy group Consumer Federation of America (CFA) applauded the move as good news for consumers.
70% of Medical Debt to be Removed from Credit Reports
Credit agencies announce major policy change impacting credit scores. The three nationwide credit reporting agencies — Equifax, Experian, and TransUnion — announcedtoday that effective July 1, 2022, most medical debt will be removed from consumer credit reports.
Report: Americans Have $88 Billion in Medical Debt in Collections
Consumer Bureau chief calls out "doom loop" that keeps patients in debt. A report released this week by the Consumer Financial Protection Bureau (CFPB) indicates that Americans have $88 billion in medical debt appearing on credit reports.
No Surprises Act Offers Consumers Relief from Medical Debt
Consumer Advocates Applaud CFPB Action on Debt Collectors. The Consumer Financial Protection Bureau (CFPB) today issued a bulletin reminding debt collectors and credit bureaus of the “No Surprises Act” and its implications for certain medical debt.