“Our research shows that medical bills on your credit report aren’t even predictive of whether you’ll repay another type of loan. That means people’s credit scores are being unjustly and inappropriately harmed by this practice,” Chopra said.
Agreed. 5 digit medical bills hang over the average American’s head like Damocles’ sword. They dont really reflect how financially responsible someone is, so that information doesn’t belong on credit reports.
I also believe this new rule is another indication of the policy progression noted in other threads. Medical debt will eventually become financially worthless. The end result will be single-payer with extra steps.
Your side passed Obama care instead of a Scandanavian styled healthcare system forever keeping Americans tied to big insurance companies and higher health prices instead of holding out for what the people wanted which was a single care system.
Then you flooded the country with illegals who get Medicaid paid for by the rest of us so we pay for their healthcare. Literally the worst of all worlds.
Over 80% of respondents, and almost a supermajority of Republican respondents believe it’s important for the government to provide relief from medical debt.
Not a chance. It’s just going to be a growing quilt of government relief to fix burdens one at a time, as they become intolerable to the average American. It will come from the regular budget, funded by existing revenue sources.
I’m quite pleased with this. There was already a loophole about “making an attempt to pay,” send in a dollar a month for seven years until it goes away and they can’t put it on your credit report.
Anyone who has medical services should get am itemized bill and go through it line by line. Any service you do not recognize question it. Google the medical terms so you can know if you are being charged $40 for a Tylenol.
You can also dispute any line of a claim with the insurance company. Its important to know insurance cannot tell a provider how to bill but has to process the claim as received. They can request additional information etc but unless a claim is flagg poteup it as per your plan benefits.
And never go out of medical services and there is not an in network doctor say within 30 or 50 miles contact your insurance and ask for a single case agreement with the doctor. If the doctor agrees to this ensure the doctor has sgrees to accept the insurance companies allowed amount otherwise you will be on the hook for the difference between the billed amount and allowed amount.
With substandard care for us peasants, as Britain’s NHS and Canadian healthcare systems demonstrate. You can’t have “free” healthcare either so long as Democrats continue welcoming illegals by the millions. Expanded social welfare state or open borders - make a choice.
Just wondering how many of these “respondents” have ever had their medical needs or preventative care managed by socialized healthcare?
Ask a Canadian how that’s working out for them.
Or a vet dependent on the VA.
If medical healthcare systems are financially unstable and become dependent on goobermint subsidy and regulation ( socialized medical care), the care you think you are entitled to doesn’t exist.
Medical bills get astronomical especially in catastrophic cases. Why?
Joey Blockhead’s latest vote buying scheme is of benefit to who?
I guarantee not one country who has a NHS style of healthcare wants to adopt the US system. There is no clamour around the world holding up the US system of providing healthcare as the hold standard.
Its completely ■■■■■■ up people go bankrupt because of medical issues not to mention those who ration theirmedications or go without because of cost.
There is a heck of lot that is good with healthcare in the US but lets not pretend its a system that works.