by Joan E Greve on (#6MNAP)
Exclusive: legislation creates a program to cancel all existing patient debt and block creditors from collecting past medical billsTwo prominent progressive lawmakers, the Vermont senator Bernie Sanders and California congressman Ro Khanna, revealed on Wednesday a new bill aimed at eliminating medical debt.The bill, introduced with Oregon senator Jeff Merkley and Michigan congresswoman Rashida Tlaib, would create a federal grant program to cancel all existing patient debt and amend the Fair Debt Collection Practices Act to block creditors from collecting past medical bills. The legislation would also update billing requirements for medical providers and alter the Consumer Credit Reporting Act to prevent credit agencies from reporting information related to unpaid medical bills, alleviating the risk of such debt damaging patients' credit histories. Continue reading...