<ul><li>The finalized rule from the CFPB promises to eliminate medical debt from credit reports, resulting in higher credit scores for consumers.</li><li>The removal of medical debt from credit reports may lead to unintended consequences in the healthcare ecosystem, potentially causing insurers and providers to raise fees to offset uncollectible debt.</li><li>Fostering a collaborative approach between patients and providers, offering easy payment options and clear billing, can help solve the unpaid bills issue.</li><li>Data shows that patients prefer knowing their bills and making payments upfront, and desire platforms that assist with arranging financing options for medical bills.</li></ul>

Banning Medical Debt From Credit Reports May Have Unintended Consequences

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