(Carleen Johnson, The Center Square) State lawmakers are forwarding a bill that would change how medical debt impacts Washingtonians’ credit scores.
Senate Bill 5480 doesn’t erase medical debt completely but “Declares a medical debt void and unenforceable if it is reported to a consumer credit reporting agency or credit bureau,” according to a Senate Bill Report.
State lawmakers are forwarding a bill that would change how medical debt impacts Washingtonians’ credit scores.
Senate Bill 5480 doesn’t erase medical debt completely but “Declares a medical debt void and unenforceable if it is reported to a consumer credit reporting agency or credit bureau,” according to a Senate Bill Report.
The report goes on to say the bill “Prohibits specific entities from reporting medical debts to a consumer credit reporting agency or credit bureau, on pain of committing a violation of the Consumer Protection Act.
According to an Economic Opportunity Institute article from the summer of 2024, approximately 95% of people in Washington have health insurance, but the amount of money being spent is still outpacing what they can afford.
State lawmakers are forwarding a bill that would change how medical debt impacts Washingtonians’ credit scores.
Senate Bill 5480 doesn’t erase medical debt completely but “Declares a medical debt void and unenforceable if it is reported to a consumer credit reporting agency or credit bureau,” according to a Senate Bill Report.
The report goes on to say the bill “Prohibits specific entities from reporting medical debts to a consumer credit reporting agency or credit bureau, on pain of committing a violation of the Consumer Protection Act.
According to an Economic Opportunity Institute article from the summer of 2024, approximately 95% of people in Washington have health insurance, but the amount of money being spent is still outpacing what they can afford.
The report goes on to say the bill “Prohibits specific entities from reporting medical debts to a consumer credit reporting agency or credit bureau, on pain of committing a violation of the Consumer Protection Act.
According to an Economic Opportunity Institute article from the summer of 2024, approximately 95% of people in Washington have health insurance, but the amount of money being spent is still outpacing what they can afford.
