Medical Bill Credit Report Legislation

S.214 - Medical Debt Relief Act of 2021 - Congress.gov

https://www.congress.gov/bill/117th-congress/senate-bill/214/text

A BILL. To amend the Fair Credit Reporting Act to institute a 1-year waiting period before medical debt will be reported on a consumer’s credit report and to remove paid-off and settled medical debts from credit reports that have been fully paid or settled, …

https://www.consumerfinance.gov/about-us/blog/know-your-rights-and-protections-when-it-comes-to-medical-bills-and-collections/

In March, we published a report on medical debt in the United States that found consumer credit records contain a total of $88 billion in reported medical bills (as of June 2021). …

Medical Debt On Credit Report Will Disappear - CNBC

https://www.cnbc.com/select/medical-debt-credit-report/

The three largest credit bureaus, TransUnion, Equifax and Experian, are removing cleared medical debts from consumers credit reports beginning July 1, 2022. …

FACT SHEET: The Biden Administration Announces …

https://www.whitehouse.gov/briefing-room/statements-releases/2022/04/11/fact-sheet-the-biden-administration-announces-new-actions-to-lessen-the-burden-of-medical-debt-and-increase-consumer-protection/

Medical debt is not a reliable indicator of credit quality, and its impact should be reduced or eliminated to give more American families the opportunity to thrive: …

H.R.773 - Medical Debt Relief Act of 2021 - Congress

https://www.congress.gov/bill/117th-congress/house-bill/773/text?q=%7B%22search%22%3A%5B%22hr+9%22%5D%7D&r=24&s=1

To amend the Fair Credit Reporting Act to institute a 1-year waiting period before medical debt will be reported on a consumer’s credit report and to remove paid …