New York Passes Law Prohibiting Medical Debt on Consumer Reports
By
Elena Ramirez
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).
In a groundbreaking move, New York has passed the Fair Medical Debt Reporting Act, prohibiting the inclusion of medical debt on consumer reports. The act aims to relieve the financial burden on individuals by voiding any medical debt furnished to consumer reporting agencies. It also addresses the growing concern around the accuracy and impact of medical debt reporting, providing consumers with crucial protection. The legislation comes as a significant step forward in protecting consumers from the adverse effects of medical debt on credit reports, potentially paving the way for nationwide reform.