New program could erase medical debt for thousands of Vermonters

New program could erase medical debt for thousands of Vermonters

Funding would be available for households at or below 400% of the federal poverty line, or for those who owe medical debt exceeding 5% of their income.

Consumers warned against illegal medical debt collection practices

JACKSON, Tenn. — The Consumer Financial Protection Bureau is aiming to protect consumers from illegal medical debt collection practices. Advisories have already been issued to help people avoid significant financial harm by paying a medical debt they don’t owe. Toddnetta Trice with the Better Business Bureau of the Mid-South tells us some ways that debt collectors may violate the Fair Debt Collection Practices Act. These include double billing, …

Vermont Treasurer Mike Pieciak proposes medical debt elimination program

State Treasurer Mike Pieciak unveiled a plan to eliminate $100 million in medical debt for Vermonters and remove it from their consumer credit reports.