CFPB’s Medical Debt Ban: Stories and Studies of Note

  Kate Berry, Debt collectors defend doctors in skewering CFPB medical debt plan, Am. Banker, July 15, 2024. Editorial, Hiding Medical Debt Won’t Make It Go Away, Bloomberg News, June 15, 2024. Yaël Bizouati-Kennedy, I’m an Economist: How a Biden Win Could Affect...
New Medical Debt Report

New Medical Debt Report

In July 2024, Dr. Andrew Rodrigo Nigrinis, an economist at Legal Economics LLC., has issued a new economic analysis[1] (PDF) on the Consumer Financial Protection Bureau’s (“CFPB”) Proposed Rule on the Prohibition on Creditors and Consumer Reporting Agencies Concerning...
U.S. Senate Hearing on Medical Debt

U.S. Senate Hearing on Medical Debt

In July 2024, the U.S. Senate Committee on Health, Education, Labor and Pensions held a hearing, What Can Congress Do to End the Medical Debt Crisis in America? In advance of the hearing, the committee chair, Sen. Bernie Sanders (I-VT), issued a press release. Witness...
CFPB: Ensuring consumers aren’t pushed into medical payment products

CFPB Rulemaking on Medical Debt

In June 2024, the CFPB unveiled its proposed rule on medical debt in credit reports.  The Bureau also released an unofficial redline of the proposed rule and a fast facts document. The comment deadline is August 11, 2024. The proposal was covered by a press release....

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