Medical Debt - Delayed Credit Reporting

[Yagents]

Will people feel less urgency to pay their medical bills now?

New rules for medical-debt reporting could help consumers - Modern Healthcare Vital Signs | The healthcare business blog from Modern Healthcare

Although the agreement is wide-reaching and not specific to healthcare, it does address the issue of medical debt. The rules under the newly-launched National Consumer Assistance Plan state that medical debt will not be reported until after a 180-day waiting period so that insurance payments can be applied.

 

[somarco]

If I read this correctly this is only "binding" in NY. Is that correct?

 

[RayNY]

You're right somarco, it's a regulation between the credit agencies and NY residents.

It might very well spread to other states, but I doubt they'll be making changes unless compelled by law.