Ignoring medical debt doesn’t make it disappear. Boosting competition among providers and insurers would do more to make healthcare affordable and reduce the salience of medical debt.
A federal judge this month tossed out a Biden-era rule that would have wiped medical debt from consumers’ credit reports.
The decision is a victory for borrowers and lenders alike. The now-defunct rule could have ended up hurting the very low-income individuals it was meant to help.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.
Let’s talk about medical debt
Sally C. Pipes
Ignoring medical debt doesn’t make it disappear. Boosting competition among providers and insurers would do more to make healthcare affordable and reduce the salience of medical debt.
A federal judge this month tossed out a Biden-era rule that would have wiped medical debt from consumers’ credit reports.
The decision is a victory for borrowers and lenders alike. The now-defunct rule could have ended up hurting the very low-income individuals it was meant to help.
Read the entire op-ed in Washington Examiner.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.