“I was shocked to learn that medical debt was the number one cause of personal bankruptcy. This, along with the desire to help our neighbors across Hawaii, convinced our group that eliminating the medical debt hanging over many of them."
The Consumer Financial Protection Bureau (CFPB) has written a letter in support of a Connecticut bill that would prohibit healthcare providers in the state from reporting medical debt to consumer reporting agencies for use in a consumer report. The letter, which focuses on Connecticut State Senate Bill 395 (SB395), was addressed to State Sen. Matt Lesser and posted […]
Education Department unveils new rules focused on canceling loan interest. Unveiled rules are part of the larger Biden effort to cancel student loan debt. Efforts could impact 30 million borrowers when combined with other steps
Republican House Speaker Mike Johnson announced Wednesday that his chamber will finally hold a vote this weekend on passing additional foreign aid including support for Ukraine, Israel and Taiwan, as well as $481 million to assist refugees in the U.S.But after releasing text of the funding measures—which are split into three separate bills—Johnson is once against facing pushback from members of his own party, who have withheld authorizing supplemental funding for months.Drafts of the legislation...
House Bill 1380, which passed the state House on Wednesday, would require a debt collector to disclose who initially held the debt, and would only allow the collector to sue if they had complete freedom to settle the debt.
A Nebraska man ‘cryptojacked’ two cloud providers in a scheme with bleak economic and environmental implications.
Experts partnered with RIP Medical Debt, a medical non-profit that buys and forgives debt, found it had little effect on people’s credit scores and mental healthMedical debt is the most common form of debt in collections in the US. But forgiving that debt once it has gone to collections may provide fewer health and financial benefits than once hoped.A new study by researchers who partnered with RIP Medical Debt, a non-profit that buys and forgives medical debt, found “disappointing” results when...
As part of Embracer Group splitting into three separate companies, Asmodee Group will be saddled with repaying a €900 million debt.Read this article on TechRaptor
One of Pennsylvania’s state senators officially introduced a new bill seeking to change one of the Commonwealth’s firearms laws which prohibits medical marijuana users from owning a gun
A bill that gives the Alabama Medical Cannabis Commission more rights to regulate medical marijuana passed in the House.
DOTHAN, Ala (WDHN) -- Medical students in the Wiregrass will soon benefit from a $2.3 million donation to the University of Alabama at Birmingham. According to a release from UAB, the donation was made by Dothan-based Ophthalmologist Marnix E. Heersink, M.D., and his wife, Mary Heersink. It will establish three endowed scholarships to support health []
Strapped with a bill from his childhood injury, Sen. Chad McMahan's family struggled with the medical debt. He wants to help other Mississippi families avoid such struggles.