WA Legislature Passes Bill Eliminating Medical Debt From Consumer Credit Reports
(The Center Square) – The Washington State Legislature passed a bill on Wednesday that could offer significant relief to people drowning in medical debt, but critics warn it may drive up costs for everyone. Assuming Gov. Bob Ferguson signs Senate Bill 5480, the law will prohibit healthcare providers and collection agencies from reporting medical debt to credit firms. The vote opens the door for many individuals to secure housing, but not without raising concerns about unintended consequences.
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Show Notes
(The Center Square) – The Washington State Legislature passed a bill on Wednesday that could offer significant relief to people drowning in medical debt, but critics warn it may drive up costs for everyone. Assuming Gov. Bob Ferguson signs Senate Bill 5480, the law will prohibit healthcare providers and collection agencies from reporting medical debt to credit firms. The vote opens the door for many individuals to secure housing, but not without raising concerns about unintended consequences.
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Read more: https://www.thecentersquare.com/washington/article_3cb2146d-bf2d-4b39-acda-ce6bdf0a2d53.html
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