Paid medical collection debt will no longer be included on consumer credit reports

Statistic Info

Starting on July 1, medical collection debt that is paid will no longer be included on consumer credit reports. The time period before unpaid medical collection debt would appear on a consumer’s report will be increased from 6 months to one year, giving people more time to address their debt with insurance and healthcare providers before it is reported.

Author: Fox Business

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Physician Practices

Nearly 1/3 of beneficiaries age 65+ said they turn to an insurance broker or agent

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