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Watchdog cracking down on medical debt collectors

By The Hill  
   October 02, 2024

The Consumer Financial Protection Bureau on Tuesday issued a consumer advisory to combat families being targeted by 'illegal medical debt collection tactics.' The CFPB's cited tactics violating federal law that debt collectors have employed when it comes to medical bills, including double billing for services covered by insurance; collecting amounts that exceed federal or state caps; falsifying or exaggerating charges; collecting on unsubstantiated bills; and misrepresenting payment obligations and consumers' ability to contest bills. The Biden administration earlier this year moved to ban medical debt from being included on credit reports.

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