Living Benefit Life Insurance
04/12/2022
"But more than 11 million Americans are estimated to have medical debts above $2000. The Consumer Financial Protection Bureau said in a March 1 report that around $88 billion in uncollected medical debt was reported to credit bureaus, making up some 58% of all uncollected debt on U.S. consumers’ credit reports.
The CFPB is expected to release a report on consumer complaints related to medical billing later this month, and announced Monday that it is making preventing unlawful medical debt collection a new enforcement initiative. The agency has previously said it is reviewing whether medical debt should be removed from consumer credit reports altogether."
White House rolls out plan to ease medical debt reporting | BenefitsPRO The plan includes a push within the federal government to stop considering medical debt when determining eligibility for loans.
02/03/2022
Warren calls for end to Direct Contracting, reforms to Medicare Advantage risk adjustment Sen. | Sen. Elizabeth Warren, D-Massachusetts, demanded CMMI pull the controversial Direct Contracting Model over concerns it would turn Medicare over to "corporate profiteers."
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