Mississippi Proposed Solutions to Medical Debt

Mississippi Proposed Solutions to Medical Debt

Taking legal action to recover MedicalDebt is never pleasant, and the Mississippi state legislature is taking action to curb the practice in their state.

Consumer protections in their new bill include:

  • Requiring more health care providers — not just nonprofit hospitals — to have a FinancialAssistance policy.
  • Setting a floor for those financial assistance policies to ensure more low-income people qualify for free or discounted medical care.
  • Capping the total amount of medical debt a low-income person can accrue at a hospital, capping monthly payments at 5% of a patient’s income, and capping the interest rate that #debt #collectors can put on medical debt.
  • Incentivizing patients to sue healthcare providers who violate this law

Click Here to read the full article from the Clarion Ledger.

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