Medical bills are often the result of unavoidable medical complications or contain errors.
In 2022, the three largest credit reporting agencies said they wouldno longer includesome medical debt from credit reports.
Some congressional Republicans havethreatened to undothe rule, and the collections industry is likely to challenge it in court.
Photo Illustration by Joules Garcia for Verywell Health; Getty Images
Some states and localities have also taken steps to eliminate medical debt for their constituents.
Federal funds have so far eliminated about $1 billion worth of medical debt.
What This Means For You
A new federal rule prevents medical debt from influencing your credit score.
If you have unresolved medical debt, this rule might enhance your financial standing.
Consumer Financial Protection Bureau.CFPB finalizes rule to remove medical bills from credit reports.
Consumer Financial Protection Bureau.Complaint Bulletin: Medical billing and collection issues described in consumer complaints.
