Reports that differences could cause military families to pay much higher costs. The Inspector General (IG) of the Justice Department released a report reviewing the cost of medical…
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CFPB Finalizes Rule Barring Medical Debt from Credit Reports
The bureau restored a provision of the 1970 Fair Credit Reporting Act. The Consumer Financial Protection Bureau (CFPB) issued a final rule to block credit reports from including…
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CFPB Warns Medical Debt Collectors Against Collecting Inaccurate Debts
The agency will take action against double billing, insufficient documentation, and false filings. The Consumer Financial Protection Bureau (CFPB) recently issued a legal guidance for medical debt collectors,…
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Nationwide Cell Phone Outage And Pharmacy Cyber Attack Occur
Concerns regarding cyber and cell network infrastructure increase. Thousands of mobile phone customers had no service Thursday morning as cell service providers experienced network outages. Those affected could…
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CFPB Proposes Removal of Medical Bills from Credit Reports
The director says, “Medical bills have little predictive value in credit decisions.“ The Consumer Financial Protection Bureau (CFPB) is in the rulemaking process that would take medical bills…
Read MoreHospitals Seek Congressional Help with Financial Challenges
Costs are up while Medicare payments are down. A new report from the American Hospital Association shows that massive growth in expenses and rising inflation are fueling continued…
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New Rule Puts More Transparency on Health Insurers
Goal is to bring greater competition to the industry. Under a rule finalized by the president’s administration Thursday, health insurers will be required to post publicly, in advance,…
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