October 1, 2023 Legislation

Healthcare

Hospitals

Physicians

Healthcare

The administration, always looking for votes but not thinking of the consequences of their actions, has announced an initiative to remove medical debt from the credit report.  That will increase some, maybe a lot , of people's credit report score but the credit companies will raise the scores needed for good great or exceptional.  This  will put all those without medical debt at a great disadvantage to all others.  They hope to put these new rules through over the next year.  The other unintended consequences of the reckless White House is the potential to again have people obtaining loans and not be able to pay them back as well as hospitals, now unable to collect some debt, require upfront payments.        Top

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Physicians

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DISCLAIMER: Although this article is updated periodically, it reflects the author's point of view at the time of publication. Nothing in this article constitutes legal advice. Readers should consult with their own legal counsel before acting on any of the information presented.