CFPB Takes Aim at Double Billing and Inflated Charges in Medical Debt Collection

News Financial services English Guidance

Date: 1st Oct, 2024 Source: Consumer Financial Protection Bureau Country: USA Original Source

Brief

WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) issued guidance to prevent families from being targeted by illegal medical debt collection tactics. The advisory opinion clarifies that debt collectors, which may include third-party “revenue cycle management” companies, are violating federal law when they collect on inaccurate or legally invalid medical debts. These illegal

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CFPB Takes Aim at Double Billing and Inflated Charges in Medical Debt Collection

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CFPB Takes Aim at Double Billing and Inflated Charges in Medical Debt Collection

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