Morphine Prince 109,654 Posted January 7, 2025 Share Posted January 7, 2025 CNN — Americans won’t have to worry about unpaid medical bills damaging their credit reports and scores much longer. The Biden administration is finalizing a rule Tuesday that will end the inclusion of medical debt on credit reports and ban lenders from using certain medical information in loan decisions. The rule will also remove an estimated $49 billion in medical bills from the credit reports of about 15 million people, the Consumer Financial Protection Bureau (CFPB) said in a press release. However, Republican lawmakers who control Capitol Hill and the incoming Trump administration, which has vowed to eliminate regulations, could upend the rule. Congress has a limited period of time when it can review and rescind final rules, which has typically happened when a new president takes office. Read more: https://www.cnn.com/2025/01/07/business/medical-debt-credit-reports-ban-biden/index.html Link to post Share on other sites More sharing options...
Lextyr97 20,791 Posted January 7, 2025 Share Posted January 7, 2025 Great first step. Hope it actually passes Link to post Share on other sites More sharing options...
LateToCult 41,836 Posted January 8, 2025 Share Posted January 8, 2025 Sorry to UW Medical Center. You ain’t seeing that money I owe you. Link to post Share on other sites More sharing options...
gagzus 23,003 Posted January 8, 2025 Share Posted January 8, 2025 I’m not an American but your medical bills actually affect your credit score? That’s beyond ridiculous like you can’t help not affording 10k because you broke your arm girl the American health care system really is a scam Link to post Share on other sites More sharing options...
Franch Toast 27,737 Posted January 8, 2025 Share Posted January 8, 2025 5 hours ago, gagzus said: I’m not an American but your medical bills actually affect your credit score? That’s beyond ridiculous like you can’t help not affording 10k because you broke your arm girl the American health care system really is a scam All I’m gonna say is She/Her/Hers Link to post Share on other sites More sharing options...
artdoll 47,164 Posted January 8, 2025 Share Posted January 8, 2025 1 hour ago, gagzus said: I’m not an American but your medical bills actually affect your credit score? That’s beyond ridiculous like you can’t help not affording 10k because you broke your arm girl the American health care system really is a scam Which is exactly why so many people here don't go to the doctors until they're on death's door or they simply cannot avoid going any longer. It's just sad. ｡ﾟ☁ glued up, sometimes it's too much ☁ ﾟ｡ Link to post Share on other sites More sharing options...
RebeldeFaith 5,750 Posted January 8, 2025 Share Posted January 8, 2025 4 hours ago, gagzus said: I’m not an American but your medical bills actually affect your credit score? That’s beyond ridiculous like you can’t help not affording 10k because you broke your arm girl the American health care system really is a scam No. That's for a paper cut. Breaking your arm would be over 15k+. Can I vanish into a cheeseburger pizza? Link to post Share on other sites More sharing options...
gagzus 23,003 Posted January 8, 2025 Share Posted January 8, 2025 3 hours ago, RebeldeFaith said: No. That's for a paper cut. Breaking your arm would be over 15k+. That’s WILD as hell to me, and to think I complained about waiting 8 hours to be seen for a broken arm here in the UK at least it didn’t put me in debt I guess geez Link to post Share on other sites More sharing options...
RebeldeFaith 5,750 Posted January 8, 2025 Share Posted January 8, 2025 4 hours ago, gagzus said: That’s WILD as hell to me, and to think I complained about waiting 8 hours to be seen for a broken arm here in the UK at least it didn’t put me in debt I guess geez The ideal thing would be waiting little to no time AND not having debt afterwards. But yeah, I'll take the 8 hours over debt tbh. Can I vanish into a cheeseburger pizza? Link to post Share on other sites More sharing options...
gagzus 23,003 Posted January 8, 2025 Share Posted January 8, 2025 23 minutes ago, RebeldeFaith said: The ideal thing would be waiting little to no time AND not having debt afterwards. But yeah, I'll take the 8 hours over debt tbh. As a plus I guess, the waiting time is significantly shorter and more urgent for specific scenarios. For example if you are in a car crash and bleeding they aren’t gonna make you wait if it’s legit life and death. We just pay a National Insurance in the UK that is there to cover everything Link to post Share on other sites More sharing options...
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