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The Medical Debt Reponsibility Act of 2011

August 2, 2011 -

 

The Medical Debt Responsibility Act of 2011 or HR 2086 may provide an incentive for consumers to pay their past due medical bills. The bill being sponsored by Heath Shuler (D-NC), will exclude from consumer credit reports medical debts that had been characterized as delinquent, charged off, or in debt collection from credit reporting purposes that has been fully paid or settled.
GBA interprets the legislation to allow all paid or settled bad debt medical accounts be removed from a consumer’s credit report. GBA supports this Act in hopes that this legislation prompts patients to pay their outstanding medical debts. GBA currently offers consumers a 30 day grace period and always attempts to find a debt resolution prior to credit reporting.

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