CFPB building. Photo: Diego M. Radzinschi/ALM
The Consumer Financial Protection Bureau has completed final regulations that could stop health care providers from reporting most medical debt to credit bureaus.
The CFPB regulations do not affect medical credit card issuers and may not affect other types of medical credit providers. ACA International, a trade group for credit and collection professionals, predicts that the new regulations will cause doctors, dentists and hospitals to require more patients to pay for care before the care is provided.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
