Medical debt has been a growing problem in the U.S. for years. As of 2023, it is estimated that Americans owe some $200 billion in medical bills, and 41% of Americans have medical debt. There have been some policy changes to address this issue and the Consumer Financial Protection Bureau recently issued new national rules about reporting of medical debt, although those rules are currently on hold pending litigation.
Those changes suggest that lawmakers and policymakers are cognizant of medical debt, but that change has been incremental at best. And with the Trump administration seemingly focused on cutting funding to insurance programs such as Medicaid and the state and federal health exchanges – as well as curbing the power of the CFPB – the future of medical debt reform remains unclear.
Join us for a webinar that will examine the issue, “Medical Debt Update: Is Reform Moving Forward or Backward?”
