svoboda on Nostr: I'm curious to see if this will end up pushing medical costs up even further. ...

I'm curious to see if this will end up pushing medical costs up even further. Judgements were already removed from credit reports years ago. So it sounds like this will now either remove the actual revolving account byline once it goes into default or they'll leave it but remove the indicators stating if the account is current.

"Unpaid medical bills will no longer appear on credit reports, where they can block people from getting mortgages, car loans or small business loans, according to a final rule announced Tuesday by the Biden administration."

https://www.cbsnews.com/news/medical-debt-credit-reports-biden-administration-rule
#medical #debt #finance