Jonathan Cohn, Senior National Correspondent at HuffPost, writes about politics and policy with a focus on social welfare. He is also the author of SICK (2007, HarperCollins) and THE TEN YEAR WAR (2021, St. Martin's).
A new federal rule will block credit agencies from including medical debt in their reports on individuals, the Biden administration announced on Tuesday.administration effort to help the millions of Americans who owe money because they got sick or injured, were treated and then couldn’t pay their bills either because they didn’t have insurance or couldn’t cover their out-of-pocket costs.
“No one should be denied economic opportunity because they got sick or experienced a medical emergency,” Harris said in a prepared release.“This will be life changing for millions of families, making it easier for them to be approved for a car loan, a home loan, or a small-business loan,” Harris added. “As someone who has spent my entire career fighting to protect consumers and lower medical bills, I know that our historic rule will help more Americans save money, build wealth, and thrive.
Of course, even champions of debt relief say the best thing the federal government could do to help people struggling with medical costs would be to make sure all Americans have comprehensive health insurance.The number of Americans without insurance fell to historic lows in the last four years. A big reason, most analysts agree, is that policy changes were put in place by the Biden administration and Democrats in Congress.
And though Democrats have called for extending that assistance, neither the incoming Trump administration nor newly elected Republican leaders in Congress have taken a position on it.Realness delivered to your inbox By entering your email and clicking Sign Up, you're agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our
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